GREENWAY BLOG

A greener look at a mortgage process unlike anything you have
experienced before. Where experience, efficiency & integrity meet.

MarketMinute |  Jobs Stay Strong & Housing Slows

MarketMinute | Jobs Stay Strong & Housing Slows

The Commerce Department reported a stall in retail sales growth for December, after a 0.6% increase in November. The BLS January jobs report showed a resilient labor market, with stronger-than-expected job creation and an unemployment rate of 4.3%.  However, revisions to past data showed 1.5 million jobs created in 2024, rather than the 2 million reported, and only 181,000 added in 2025. Purchase mortgage applications were 4% higher year over year, though down 2% for the week....

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Make Homeownership Affordable with SmartBuy™ Down Payment Help

Make Homeownership Affordable with SmartBuy™ Down Payment Help

  Purchasing a home can feel overwhelming, especially when it comes to saving for a down payment. Greenway’s SmartBuy™ Down Payment Assistance Program is designed to make homeownership more accessible by helping borrowers cover the minimum investment required for an FHA-insured mortgage. With less cash upfront, fewer restrictions, and options to lower your interest rate, SmartBuy™ can get you into your new home sooner — with less hassle and fewer roadblocks. Key Benefits of SmartBuy™ No income or first-time buyer restrictions   Flexible financial assistance – Borrowers can use up to 5% of the...

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MarketMinute | Check out homeowner interest rates

MarketMinute | Check out homeowner interest rates

Both new and continuing jobless claims were higher than expected last week, possibly due to the severe winter weather. Last month, companies announced the largest number of job cuts for any January since 2009, according to the Challenger jobs report. The partial government shutdown lasted only a couple of days, but it pushed labor and inflation reports to next week. ICE Mortgage Technology reports over 30% of homeowners have a mortgage rate above 5%, with about 20% having rates over 6%....

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MarketMinute | Home prices rose slightly in 2025

MarketMinute | Home prices rose slightly in 2025

The Fed left its policy rate unchanged this week and signaled that more rate cuts are not likely in the next few months. Unemployment claims came in low for a 2nd straight week. Continuing claims dropped to the lowest level since September 2024. Consumer confidence fell in January to its lowest level since 2014, as concerns grew over prices and the job market. In December, homebuyers backed out of deals at the fastest pace in nearly a decade, with more than 40,000 signed purchase agreements canceled....

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Why Should You Buy a Home?

Why Should You Buy a Home?

  Why should you switch from renting to owning a home? After all, isn’t renting easier? Things get fixed for you. You might not have to pay for water or trash. If the water heater blows up, it’s likely your landlord will pay for it. But is renting smart? In most of the country, probably not. The price you’re paying to rent an apartment or home is most likely about the same as — or maybe more than — a mortgage payment would be. And you don’t get these benefits when you’re paying for someone else’s property: Building equity: When you own a home, your monthly mortgage payments build equity...

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