GREENWAY BLOG

A greener look at a mortgage process unlike anything you have
experienced before. Where experience, efficiency & integrity meet.

MarketMinute | Home price growth continues a 9-year streak

MarketMinute | Home price growth continues a 9-year streak

New jobless claims fell last week to the lowest in more than 3 years. Holiday hiring can make weekly claims data more volatile. Mortgage rates edged up last week as optimism grew that the Fed would lower policy rates in December to support the job market. Private payroll data showed companies cut 32,000 workers in November. Small businesses led the pullback. Applications for a purchase mortgage rose 3% for the week and were 17% higher than the same week one year ago....

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Industry Update | FHFA Announces Conforming Loan Limit Values for 2026

Industry Update | FHFA Announces Conforming Loan Limit Values for 2026

  On November 24, 2025, the Federal Housing Finance Agency (FHFA) announced an increase in the maximum conforming  loan limits  for mortgages acquired by Fannie Mae and Freddie Mac in 2026. The maximum loan limit for one-unit properties will be $ 832,750 , an increase of $26,250 from 2025. Release . National Baseline The decision was based on the recovery of housing prices under the Housing and Economic Recovery Act of 2008 (HERA). They require that the baseline conforming loan limit be adjusted each year for Fannie Mae and Freddie Mac to reflect the change in the average U.S. home price.   FHFA third quarter 2024 House...

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Greenway Mortgage: 2025 Community Choice Award Finalist

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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MarketMinute | Home prices continue their rise while inventory shrinks

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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MarketMinute | Will 50-year mortgages become a thing?

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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