If you’re planning on selling your house in 2022 or if you’re looking to tackle some home renovation projects, we’ve got the top renovations that will give you the highest return on your investment. Find out what’s trending this year and learn about our Home Renovation Mortgage Loans . Landscaping We’re putting this one at the top of our list. You’ve probably heard the phrase a time or two that “first impressions are important”. This is true especially when it comes to selling your home. Curb appeal says a lot about your home, and it offers a tremendous return. According to HGTV , landscaping is one of few...READ MORE
Here at Greenway Mortgage, our number one goal is helping our clients achieve their homeownership goals whether it’s buying a home, investing, or refinancing. We have customized loan solutions that meet the needs of every client all while providing a lending experience that is second to none. Meet Our Happy Homeowners When you work with Greenway Mortgage, our experienced and dedicated team make the entire process easy from application to closing. But don’t take our word for it. Meet Ruben and his wife Victoria. After owning and living in New Jersey most of their married lives, Rubin who is recently retired and Victoria, who can work...READ MORE
Stocks continued to sell off in anticipation of an economic slowdown expected with future Fed actions, helping mortgage rates this week. Retail spending increased 0.9% in April, despite inflation. This 4th straight monthly increase signals the economy is still strong. Unemployment claims rose last week to 218K, the highest since January. However, continuing claims fell to the lowest level since 1969. Existing home sales dropped in April to the lowest level since the start of the pandemic due to the ongoing lack of inventory....READ MORE
Inflation expectations for the next year fell to a median 6.3% in April, a 0.3% decrease from the record high the previous month. However, producer prices rose 11% in April, signaling continuing elevated consumer inflation in the near future. Last week's jobs data showed slightly more jobs than expected added in April in an increasingly tight labor market and despite surging inflation. Purchase mortgage applications rose 5% over the previous week. Although apps were down 8% from a year ago, that number is shrinking....READ MORE
Did you know that interest savings may be hiding in your mortgage? When you think of a mortgage loan, you typically think of interest costs . But if you consolidate other debts into your mortgage, you can start thinking of interest savings instead. Most consumer debt carries a higher interest rate than home financing. If you access cash to pay off some of those debts – even at a slightly higher interest rate than your current mortgage – you can still save on overall interest expenditures. And if you use your monthly savings to pay extra on your principal each month, you can pay off your mortgage faster and save even more. Try Our Debt...READ MORE
In 2017 and 2018, Greenway Mortgage was awarded Best Mortgage Company in Monmouth County, NJ by the Asbury Park Press' Reader's Choice Awards.