PERRY HALL, MD—As part of the Comprehensive Zoning Map Process, Baltimore County Councilman David Marks will propose that approximately 31 acres of publicly-owned property along Perry Hall Boulevard be downzoned to Neighborhood Commons, or open space zoning. The 31 acres, owned by the state and Baltimore County, is currently zoned a blend of RAE 1, DR 10.5, DR 5.5, and […]
ANNAPOLIS, MD—Governor Larry Hogan on Monday announced that the Maryland Department of Housing and Community Development’s Maryland Mortgage Program reached a record $1 billion in reservations for the program in 2019, representing more than 4,000 homebuyers. This is a 12-month period high for the history of the program. The Maryland Mortgage Program provides fixed-rate mortgages that come with downpayment and […]
TOWSON, MD—Baltimore County’s Department of Planning has launched a new interactive web dashboard displaying zoning issues raised during the 2020 Comprehensive Zoning Map Process (CZMP), making the process more accessible to county residents. Every four years, Baltimore County residents may review the zoning classifications of any property in the county and request changes. Spanning 12 months, the process seeks input […]
BALTIMORE, MD—Maryland Attorney General Brian E. Frosh announced on Monday that in FY 2019, the Home Builder Guaranty Fund (the Guaranty Fund), administered by the Consumer Protection Division, paid a total of $388,160.39 to claimants as reimbursement for losses resulting from acts or omissions by registered home builders related to new home construction. In addition, the registrations of five builders […]
PERRY HALL, MD—Baltimore County Councilman David Marks has initiated zoning changes to protect the rural character of Perry Hall Manor and eastern Perry Hall near Interstate-95. Under the proposal, the land east of Schroeder Avenue currently zoned DR 2 (two houses per acre) would drop to DR 1 (one house per acre). This is the lowest zoning permitted in the […]
by Chris Montcalmo, Sierra Pacific Mortgage Freddie Mac on Thursday released the results of its Primary Mortgage Market Survey, showing average 30-year Baltimore mortgage rates holding steady after rising last week. The 30-year fixed-rate mortgage (FRM) averaged 4.19 percent with an average 0.5 point for the week ending Feb. 2, 2017, unchanged from last week. A year ago at this time, […]
by Chris Montcalmo, Sierra Pacific Mortgage Freddie Mac on Thursday released the results of its Primary Mortgage Market Survey, showing average 30-year and 15-year fixed mortgage rates rising. The 30-year fixed-rate mortgage (FRM) averaged 4.19 percent with an average 0.4 point for the week ending Jan. 26, 2017, up from last week when it averaged 4.09 percent. A year ago […]
by Chris Montcalmo Freddie Mac on Thursday released the results of its Primary Mortgage Market Survey, showing average fixed mortgage rates declining for the second consecutive week – both in Baltimore and nationwide. The 30-year fixed-rate mortgage averaged 3.54 percent with an average 0.5 point for the week ending June 16, 2016, down from last week when it averaged 3.60 percent. […]