E. Ruth Washington - Realtor

12/21/2024

Community Comment: Pennsylvania's housing crisis can't wait for long-term solutions; mobile initiatives can bridge the gap
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12/19/2024

Smart Tips to Lower Pa’s Home Insurance Bills

12/18/2024

What Makes Your Home Sell Faster?

12/17/2024

Reading City Council adopts final 2025 budget
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Reading City Council adopted a $115 spending plan and reallocated American Rescue Plan Act funding, which must be utilized by December 31.

12/16/2024

What Is a Home Equity Line of Credit, or HELOC?
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A home equity line of credit (HELOC) is a second mortgage allowing homeowners to borrow against their home equity, typically up to 85% of the home's value minus the mortgage balance. It features a draw period of 10 years for borrowing and a repayment period of 20 years for principal and interest pay...

12/13/2024

Mortgage Prepayment Penalty Fees
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A mortgage prepayment penalty is a fee for paying off your home loan early, usually within a few years of taking it out. It doesn't apply to USDA, VA, or single-family FHA mortgages. There are soft and hard prepayment penalties, with varying amounts or fixed fees. To avoid them, choose a mortgage wi...

12/12/2024

How Much Does It Cost to Buy a House in Pennsylvania?

12/08/2024

5 Best Ways To Save Your Money This Winter Before Buying a House in 2025
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To save money this winter before buying a house in 2025, consider these five strategies: 1. Track your spending to identify areas for cost-cutting. 2. Limit holiday spending by buying gifts on sale or making homemade items. 3. Meal prep to avoid overspending on takeout. 4. Winter-proof your home to....

12/07/2024

How to use a mortgage rate lock to secure a low interest rate
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Mortgage rates fluctuate daily due to economic factors. A mortgage rate lock secures a specific interest rate, protecting buyers from increases during the homebuying process. Rate locks typically last 30 to 60 days and can be extended, often at a cost. Locking in a rate provides certainty in budgeti...