GREENWAY BLOG

27 November 2025

Greenway Mortgage: 2025 Community Choice Award Finalist

  Greenway Named Top 3 Mortgage Lender in Monmouth County by the Asbury Park Press 2025 Community’s Choice Awards! We are excited to share that Greenway Mortgage has once again been recognized as one of Monmouth County’s Top 3 mortgage lenders in the 2025 Asbury Park Press Community’s Choice Awards ! This honor reflects the continued trust, support, and loyalty of our amazing clients, partners, and community — and we couldn’t be more grateful. Where Experience, Efficiency, and Integrity Meet At Greenway Mortgage, our mission is simple: to provide a lending experience that is second to none. Our loan officers are...

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21 November 2025

MarketMinute | Home prices continue their rise while inventory shrinks

September jobs data, released almost 7 weeks late, showed stronger than expected job creation, marking the biggest jump since April. The unemployment rate grew to 4.4%, the highest level since October 2021. The increase was driven by an expansion in the labor force. October's Fed meeting minutes revealed a divide among officials on rate cuts and whether inflation or the labor market poses the bigger threat.   Existing home sales in October were 1.7% higher than a year ago, though homes are...

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14 November 2025

MarketMinute | Will 50-year mortgages become a thing?

President Donald Trump signed legislation to end the longest government shutdown in US history, allowing the return of normal operations. Though the shutdown is over, key economic reports like jobs, inflation, and retail sales will take time to restart as agencies catch up. October's official inflation data release is delayed until December, but economists estimate prices rose 0.2% for the month and 3% year over year. About 42% of listings saw price cuts this fall. At the same time, delistings...

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7 November 2025

MarketMinute | First-time buyers are getting older

During arguments before the Supreme Court this week, justices expressed skepticism about the legality of Trump's tariffs, shaking up markets. ADP private payrolls data came in stronger than expected. Labor market strength makes a December Fed rate cut less likely. Estimates say the government shutdown, the longest in history, is costing the economy anywhere from $10 billion to $30 billion a week.   NAR’s 2025 Profile of Home Buyers and Sellers reports the median age of first-time...

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5 November 2025

Do I Need 20% Down to Buy a Home?

  Don’t believe everything you hear about homebuying — especially the old “you need 20% down” rule. While putting 20% down can help you avoid mortgage insurance, it’s not a requirement to buy a home. In fact, many homeowners today purchase with far less. Let’s break it down: Low and No Down Payment Options 0% Down – Eligible veterans and active-duty service members can take advantage of VA loans , and rural homebuyers may qualify for USDA loans —both offering zero down payment options. 3% Down – Fannie Mae and Freddie Mac conventional loans allow qualified...

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