Check out the top 4 home renovatons that will give you the greatest return on investment (ROI). Some Highlights: Whether you are selling your home, just purchased your first home, or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most Return On Investment (ROI). While big projects like adding a bathroom or a complete kitchen remodel are popular ways to increase a home’s value, something as simple as updating landscaping and curb appeal can have a quick impact on a home’s value. ...READ MORE
For the Week Ending August 2, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets. The Fed meeting ended on Wednesday with a 0.25% cut to its policy rate for the first time since 2008. Mortgage rates were stable on the news. Stocks declined after the Fed announcement as many traders were expecting a drop of 0.50%. Falling stock prices can be good for mortgage rates. Comments from the Fed Chairman make future rate cuts...READ MORE
Did you know that in the U.S. there are three national credit bureaus that compete to capture, update and store credit histories? These three credit bureaus are: Equifax, Experian and TransUnion. Are there differences between the 3 Credit Bureaus? It’s important to understand that while most information collected by these three is similar, there are differences. For instance, one credit bureau may have unique information captured on a consumer that is not being captured by the other two, or the same data element may be stored or displayed differently by the credit bureaus. For example: The FICO scoring system design is similar across...READ MORE
For the Week Ending July 19, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets. Retail sales increased in June, pointing to strong consumer spending. This could offset the slowdown from the business sector. Lower import prices in June are evidence of declining inflation. Low inflation helps prevent rising rates. Jobless claims last week were up slightly. However, the overall labor market remains strong....READ MORE
The Monmouth County, NJ First Time Homebuyer Assistance Program is designed to provide financial assistance to low income families to purchase an affordable home in the form of a deferred payment second mortgage loan in an amount not to exceed $10,000 for down payment and closing costs (only). PROGRAM DETAILS & ELIGIBILITY MUST BE a resident of Monmouth County for 1 YEAR before applying for a grant. ALL applicants must complete a pre-purchase housing counseling course and provide a certificate of completion with the First-Time Homebuyer application. MUST BE an individual(s) that never owned a home (except if an applicant...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.