GREENWAY BLOG

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

MarketMinute | Housing Starts Rebound

MarketMinute | Housing Starts Rebound

Last week's initial jobless claims saw the biggest drop since November, coming in at 206K and pointing to labor market stabilization. Fed meeting minutes showed many officials were worried more about inflation than the labor market, making a cut in March unlikely.  The U.S. trade deficit widened to $70.3 billion in December, marking one of the largest annual gaps on record.     Pending home sales continued to slide in January. Improving affordability was not enough to...

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Buying a Home? Get Your Finances in Order First

Buying a Home? Get Your Finances in Order First

  Buying a Home? Get Your Finances In Order First When you’re preparing to buy a new home, it’s critical to review your personal finances and start saving as much as possible. But you don’t need to become a full-fledged accountant to save more and spend more wisely. In addition to creating a budget you follow every week or month, take a look at the ideas below to help you prepare financially for buying a home. Get your debts under control. Pay down credit cards, student and auto loans, and other lines of credit. If you have many different debts, consider consolidating them into one monthly payment. Be sure to learn about the...

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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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