Possible Inflation Peak
30 Second Market Update
October 17, 2022
The Producer Price Index, which measures wholesale inflation, rose 0.4% in September. This reading was .2% higher than expected. Year over year, PPI decreased from 8.7% to 8.5%. While it […]
Pending Home Sales Decline, but Optimistic Going Forward
30 Second Market Update
October 10, 2022
The National Association of Realtors (NAR) released their Pending Home Sales report, which measures signed contracts on existing homes across the nation. This report showed that signed contracts on existing […]
Advisors Mortgage Group Releases ‘Lighthouse,’ a Proprietary App and Point of Sale Software
General News
October 05, 2022
Pictured: The Lighthouse logo, Advisors’ new point of sale software and mobile app. OCEAN TOWNSHIP, N.J., Oct. 05, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Advisors Mortgage Group (“Advisors” or […]
Home Appreciation Cooling Yet Resilient
30 Second Market Update
October 03, 2022
The National Association of Home Builders released their New Home Sales Report which measures signed contracts on new homes. This report showed an increase of 29% at a 685,000 unit […]
Existing Home Sales Beat Expectations
30 Second Market Update
September 26, 2022
The National Association of Realtors released their Existing Home Sales Report for the month of August. It was a strong one. Remember this report measures signed contracts on existing homes […]
Inflation and Rates
30 Second Market Update
September 19, 2022
The Bureau of Labor Statistics released their Consumer Price Index report for August showing that overall inflation increased by 0.1%. This is a lower figure, but larger than the expected […]
Inflation and The Fed
30 Second Market Update
September 12, 2022
According to Forbes.com, inflation occurs when prices rise, which ultimately decreases the purchasing power of your dollars. For example, during an inflationary period, your dollar could buy you two apples […]
Home Price Appreciation Cools, But Still Strong
30 Second Market Update
September 05, 2022
The Case-Shiller U.S. National Home Price Index, which is considered the “gold standard” for appreciation, showed that home prices rose 0.6% in June and 18% year over year. This is […]
Advisors Mortgage Group Recognized by NJBIZ as One of New Jersey’s Top 250 Privately Owned Companies for 2022
General News
August 30, 2022
OCEAN TOWNSHIP, N.J., August 30, 2022 (GLOBE NEWSWIRE) – via InvestorWire – Advisors Mortgage Group (“Advisors” or the “Company”), based in Ocean Township, New Jersey, today announces it has been […]
Housing Recession?
30 Second Market Update
August 29, 2022
There has been a buzz in the media that we are currently in a “housing recession”. Even the National Association of Realtors’ Lawrence Yun used that verbiage a week or […]
Diving Into Existing Home Sales
30 Second Market Update
August 22, 2022
The National Association of Realtors Existing Home Sales Report, which measures closings on existing homes, showed that sales were down 5.9% from June to a seasonally adjusted annual rate of […]
For the 11th Time, Advisors Mortgage Group Appears on the Inc. 5000 Fastest-Growing Private Companies List
General News
August 16, 2022
Advisors Mortgage Group’s headquarters located in Ocean Township, New Jersey. OCEAN TOWNSHIP, N.J., Aug. 16, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Advisors Mortgage Group (“Advisors” or the “Company”), based […]