For the Week Ending April 19, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets. Recent optimism in the global economy has been helped by upbeat economic data in China. This has pressured mortgage rates to move higher this week. Retail sales surged in March at the fastest pace since late 2017, increasing 1.6% from February. Spending on autos, gasoline, furniture, and clothing all jumped. The...READ MORE
Every family has a list of important dates. We celebrate birthdays, anniversaries, pet adoptions…and the list goes on. For 64.4 percent of households in the United States, this list includes the day they became a homeowner for the first time! Why is this date important? Homeownership is not just a roof over your head! It represents shelter, stability, wealth, and pride! For decades, homeownership has been an important part of the American Dream! However, many question if the next generations see the same benefits of homeownership as their predecessors. In case we have forgotten, some of those benefits are: Non-Financial Benefits Educational...READ MORE
For the Week Ending April 12, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets. The consumer price index rose less than forecast in March. A key measure of inflation, this reading supports the Fed's decision not to raise rates this year. Producer prices increased by the most in 5 months in March. However, underlying prices remained soft, an indication of tame inflationary pressures. Housing sentiment...READ MORE
If you are not happy with your mortgage loan, there is no reason to feel trapped! Refinancing allows borrowers to take out a new loan and pay off the old one. The result? A lower interest rate, more favorable terms or even the opportunity to walk away with some cash in your pocket! Take a look at these 5 reasons to refinance your mortgage: #1 Mortgage Rates Have Gone Down The primary reason many homeowners refinance their mortgage is to lower their interest rate. It's why we refinance just about any loan, whether it's a mortgage, student loan, or even credit card debt (think 0% balance transfer cards). You could save thousands of dollars a year!...READ MORE
April is Earth Month and we're excited to share with you 12 ways you can green up your bathroom! Easy, everyday opportunities to reduce, reuse, and recycle are hiding in plain sight in one of the most popular rooms in your home - the bathroom! Your bathroom is your sanctuary, your oasis. It’s the place where your day really gets started and the place where you wind down at day’s end. Your bathroom is one of the most important rooms in your house, and it’s also one of the largest energy users. From water use to electrical output, usage happens here in great volume, and waste does as well. And it’s that...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.