Greenway Mortgage Blog

3 June 2022

MarketMinute | Could inventory be on the rise at last?

The Fed’s preferred inflation gauge, the core PCE, rose 4.9% year over year in April, a deceleration from March and in line with estimates. According to ADP, May saw the fewest jobs added since the pandemic recovery began, despite a record level of job openings. Even with the hiring slowdown, demand for labor remained strong. Both new and continuing unemployment claims fell for the week. According to Case-Shiller, home prices nationally were 20.6% higher in March than in March 2021, despite higher mortgage rates....

31 May 2022

HELOC vs. Cash-Out Refinance

The value of most homes has been on the rise. If you’re in need of cash to replace the roof, update the kitchen, pay for education, or help finance a new place for the kid who’s back from college and living rent-free in the basement, your home's rising value may provide the leverage you need to make it happen! When homeowners inquire about accessing cash from their homes, they’re often thinking about getting a Home Equity Line of Credit (HELOC). However, there’s another way homeowners can get cash from their home and that’s by choosing a cash-out to refinance instead. In the current environment, many people want to keep the great...

27 May 2022

MarketMinute | Are Sales Finally Slowing Down?

Durable goods orders placed with US factories rose in April, highlighting sustained demand for equipment and merchandise. Fed minutes released Wednesday indicated officials are prepared to move ahead with multiple 50 basis points policy rate increases. First-quarter GDP declined at a 1.5% annual pace, greater than the 1.3% Dow Jones estimate and the initially reported 1.4% rate. Signed contracts for new homes dropped far more than expected in April, down 16.6% for the month and 26.9% for the year....

24 May 2022

Top 2022 Home Renovations for Maximum ROI

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...

20 May 2022

A Lifelong Dream Achieved with the Help of Greenway Mortgage

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...

GREENWAY BLOG

MarketMinute | Could inventory be on the rise at last?

HELOC vs. Cash-Out Refinance

MarketMinute | Are Sales Finally Slowing Down?

Top 2022 Home Renovations for Maximum ROI

A Lifelong Dream Achieved with the Help of Greenway Mortgage