While 2022 will be remembered as a year of housing volatility with interest rising from record lows, 2023 will likely see some normalcy return to the market with stabilizing rates and moderating home sales and prices according to the National Association of Realtors.
Whatever the new year has in store, rest assured there will be plenty of opportunities to buy and we have the programs and expertise to help you succeed in ANY type of market! Through our partnerships with the Pennsylvania Housing Finance Agency (PHFA), the New Jersey Housing and Mortgage Finance Agency (NJHMFA) and local niche lenders, we have access to programs other lenders may not, including down payment and closing cost assistance programs and low-rate adjustable and jumbo loan programs that can help mitigate higher interest rates and make it easier for you to buy a home.
Buyer must qualify. Subject to credit approval, purchase price and income limits. Other programs available. Philadelphia Mortgage Advisors is a licensed mortgage lender by the PA Dept. of Banking and Securities, NJ Dept. of Banking & Insurance, the state of DE, the Florida Office of Financial Regulation, MD Mortgage Lender #23004 and VA State Corporation Commission #MC-6797. NMLS #128570.