Will it cost you more money to get a mortgage in 2011?  According to a local mortgage consultant, interest rates should remain relatively stable in the New Year as the housing market looks to recover from a disappointing 2010. Mike McBride of First American Mortgage in Havertown says home loan interest rates should remain at less than 6 percent for fixed-rate mortgages and at less than 4 percent for adjustable rate mortgages in 2011. McBride, who’s worked in the mortgage industry for more than 25 years, says Haverford Township is “in a region that has one of the strongest housing sectors in …

Despite the dark cloud that’s been hanging over the national real estate market over the past few years, there appears to be a silver lining in Haverford Township, where signs of a market recovery are beginning to appear. According to statistics provided by the realtor Web site TREND MLS, the average sale price of homes was up in Haverford Township in 2010 from the previous year and homes sold more quickly last year than in 2009. In 2010, the average price of a home sold in the township was $348,685, up more than $30,000 from 2009.  Sellers were also able to get their homes sold closer to …