Existing Homes Continue to Draw in Demand
30 Second Market Update
December 27, 2021
The National Association of Realtors (NAR) released their Existing Home Sales report last week and it showed that existing home sales rose 0.8% for the month of October. This marks […]
Despite Rates Continuing to Rise, Housing Demand Remains High!
30 Second Market Update
December 20, 2021
Rates have continued to rise towards the end of 2021, and many market analysts believe that the Federal Reserve will ease back from their bond buying program and install their […]
The Hottest Inflation Number in Almost Forty Years
30 Second Market Update
December 13, 2021
Let’s talk about how this can affect you. The November read of the Consumer Price Index (CPI) was released on Friday at 6.8%. This number was up slightly higher than […]
Advisors Mortgage Named Best of the Best Mortgage Lender in Monmouth County for 2021
Press Release
December 09, 2021
OCEAN TOWNSHIP, N.J., Dec. 09, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Advisors Mortgage Group (“Advisors” or the “Company”), based in Ocean Township, New Jersey, has been named Best Mortgage […]
Official: Fannie Mae and Freddie Mac Raise 2022 Loan Limits Higher than Expected!
30 Second Market Update
December 06, 2021
The Federal Housing Finance Agency (FHFA) has officially announced their 2022 conforming loan limits for Fannie Mae and Freddie Mac. The widely anticipated increase came in higher than previously expected, […]
Powell To Remain His Chair
30 Second Market Update
November 29, 2021
Just last week President Biden renominated current Federal Reserve Chair, Jerome Powell for another four-year term to head the Fed. Lael Brainard, Federal Reserve board member and Governor, who took […]
Home Prices Expected to Increase Even Higher in 2022!
30 Second Market Update
November 22, 2021
As recently as September, Zillow analysts released their projections for the housing market over the next 12 months. They predicted an 11.7% increase over that time, piggybacking the home price […]
Inflation Still Moving Up
30 Second Market Update
November 15, 2021
The Consumer Price Index which measures consumer-based inflation was released last week and it rose by 0.9% for the month of October. This came in a lot higher than expectations […]
Federal Reserve Leaves Benchmark Rate Unchanged, Rates Expected to Rise!
30 Second Market Update
November 08, 2021
Although the Federal Reserve did not raise their benchmark rate last Wednesday, rates are expected to rise in the near future. The federal funds rate, which is determined by the […]
Inflation and The Fed
30 Second Market Update
November 01, 2021
The Bureau of Economic Analysis released their Personal Consumption Expenditures report (PCE) which was for the month of September and it showed that inflation on the consumer level increased by […]
Fannie Mae and Freddie Mac Expecting Record Leap for Loan Limits in 2022!
30 Second Market Update
October 25, 2021
Still not officially announced, the Federal Housing Finance Agency (FHFA) is expected to raise conforming loan limits for Fannie Mae and Freddie Mac for the 5th consecutive year for 2022. […]
Inflation is Here
30 Second Market Update
October 18, 2021
The U.S. Bureau of Labor Statistics released their Producer Price Index (PPI) for the month of September, and it showed that inflation on the wholesale level rose 0.5%. Year over […]
