June is National Homeownership Month! It's also a great time to reflect on the many benefits of homeownership that go way beyond the financial. What reasons do you have to own your own home? Take a look at what some of the top reasons to own your own home are here:READ MORE
For the Week Ending June 14, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets. Both wholesale and consumer inflation data came in as expected this week, showing inflation is not a concern to pressure rates higher in the near future. The Fed meets next week for its FOMC meeting. No rate changes are expected, but investors will be looking for signs of rate cuts to come in July. The labor market appears to...READ MORE
Owning a home is an important part of the American dream and an important part of our way of life. Values such as individuality, thrift, responsibility, and self-reliance are embodied in homeownership. National Homeownership Month actually started as a week-long celebration of homeownership during the Clinton administration in 1995. In 2002, President George W. Bush proclaimed June as the National Homeownership Month . Here is an excerpt from his proclamation: “Homeownership is an important part of the American Dream…A home provides shelter and a safe place where families can prosper and children can thrive. For many Americans, their home is an important...READ MORE
For the Week Ending June 7, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets. Mortgage rates continue to improve as mortgage bonds reach levels not seen since 2017. The outlook remains good that rates could go even lower this year. As U.S. trade tensions have increased, so have concerns about a global economic slowdown, helping mortgage rates remain low. The Fed is starting to signal it is open to easing...READ MORE
For the Week Ending May 31, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets. Economic growth in Q1 accelerated, but momentum is slowing. Inflation pressures were much weaker than initially thought, supporting lower rates. Consumer confidence rose in May to its highest level since December 2000, thanks in large part to a healthy job market and rising wages. However, concerns over a slowing economy and inverted bond yield curves...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.