Cooling Inflation Bodes Well for Mortgage Rates Going Forward
30 Second Market Update
November 27, 2023
The Bureau of Labor Statistics (BLS) released its inflation data, and it showed that the October Consumer Price Index (CPI) was flat for the month, but one-tenth lower than estimates […]
Are You Thinking About Buying a Home?
Knowledge Base
November 20, 2023
So, you’re thinking about purchasing a home, now what? Deciding whether you’re ready to buy a home is a major decision and can feel overwhelming. We’re here to help with […]
Mortgage Applications Reach Five-Week High
30 Second Market Update
November 20, 2023
According to The Mortgage Bankers Association (MBA), mortgage applications increased last week as mortgage interest rates continued to fall from their highest level in 23 years. The MBA said its […]
What are Discount Points?
Knowledge Base
November 15, 2023
When you are purchasing or refinancing a home, your lender will quote you an interest rate for your loan. The interest rate will affect your monthly mortgage payment, so it’s […]
Don’t Mess With Your Credit
Knowledge Base
November 13, 2023
You have been dreaming about owning your own home for years and now that you have found the perfect home, don’t lose it by messing with your credit. Closing on […]
Mortgage Rate Improvement
30 Second Market Update
November 13, 2023
Over the last few weeks, we have seen interest rates decline slightly. What has been the catalyst to help rates improve? Let’s take a quick look. Interest rates are heavily […]
What is Escrow?
Knowledge Base
November 11, 2023
Going through the mortgage process, you’re bound to hear a few terms that make you say “What in the world is that?” One of these things might be an escrow […]
The Mortgage Loan Process
Knowledge Base
November 06, 2023
Buying a home can be scary and overwhelming. If you are a first-time homebuyer, you may be intimidated by the whole process. Let’s review the eight steps of the life […]
Homes Continue To Appreciate
30 Second Market Update
November 06, 2023
The Case Shiller Home Price Index, which is seen as the most accurate gauge of home appreciation, showed that home prices rose 0.9% for the month of August. This index […]
Cash Out Refinancing New Jersey: Your Path to Financial Comfort
Uncategorized
October 31, 2023
Are you a New Jersey homeowner looking to enhance your financial stability? Cash Out Refinancing could be the key. Advisors Mortgage Group is here to guide you through converting your […]
Inflation and Interest Rates
30 Second Market Update
October 30, 2023
The Bureau of Economic Analysis released its Inflation report on Friday called Personal Consumption Expenditures or PCE. This is also the Federal Reserve’s favorite report when it comes to measuring […]
Tight Inventory Hurts Sales
30 Second Market Update
October 23, 2023
The National Association of Realtors released their Existing Home Sales report for the month of September, and it showed that Existing Home Sales, which measures closings on existing homes, fell […]
