Inflation and The Fed
30 Second Market Update
October 16, 2023
The Bureau of Labor Statistics released its Consumer Price Index which is a leading gauge of Inflation in the U.S. This report showed that headline inflation rose 0.4% in the […]
Inflation Trending Lower
30 Second Market Update
October 09, 2023
The Bureau of Economic Analysis has recently released its inflation index called Personal Consumption Expenditures (PCE). This index happens to be the Federal Reserve’s favorite gauge of inflation as well. […]
Home Prices at Record Levels
30 Second Market Update
October 02, 2023
The Case Shiller Home Price Index, which is one of the industry’s best gauges of home price appreciation, showed that home prices rose 0.6% in July. Home prices have been […]
Advisors Mortgage Group Recognized as Top Mortgage Employer 2023 by Mortgage Professionals America
General News
September 29, 2023
OCEAN TOWNSHIP, N.J., September 28, 2023 – Advisors Mortgage Group (“Advisors” or the “Company”), based in Ocean Township, New Jersey, announces it has been recognized by Mortgage Professional America as […]
Existing Home Sales Fall, But Not Because of Demand
30 Second Market Update
September 25, 2023
https://advisorsmortgage.com/wp-content/uploads/Advisors-Sept-25-2023-weekly-update-09242023.mp3 The National Association of Realtors (NAR) released their Existing Home Sales report for the month of August, and it showed that sales dropped 0.7%. Year-over-year the metric fell 15.3%. […]
Inflation Vacillating With a Silver Lining in The Core
30 Second Market Update
September 18, 2023
The Bureau of Labor Statistics released its Consumer Price Index (CPI) report for the month of August. The report showed that overall inflation increased by 0.6%, which was right in […]
Do Mortgage Discount Points Make Sense?
30 Second Market Update
September 11, 2023
What does paying discounts points mean? Paying a discount point means you are prepaying your interest up front on your mortgage. You are basically paying to lower your interest rate. […]
Homes Prices Back to Record Levels and Trending Higher
30 Second Market Update
September 04, 2023
The Case Shiller Home Price Index, which is one of the industry’s best gauges of home price appreciation, showed that home prices rose 0.65% in June. Home prices have been […]
Housing Demand is Still Strong, Even with Higher Rates
30 Second Market Update
August 28, 2023
The United States Census Bureau released its monthly New Residential Sales report for the month of July, and it showed that signed contracts on new homes rose 4.4%. This number […]
New Home Construction Still Not Enough
30 Second Market Update
August 21, 2023
The United States Census Bureau released its Residential Construction report for the month of July, and it showed that Housing Starts, or the breaking of ground, rose by 3.9% in […]
Inflation Softens, but is it Enough for the Fed?
30 Second Market Update
August 14, 2023
The U.S. Bureau of Labor Statistics released their Consumer Price Index (CPI) for the month of July, and it showed that headline inflation increased by 0.2%, which came in lower […]
Inventory Low but Demand is High
30 Second Market Update
August 07, 2023
The National Association of Home Builders released their New Home Sales Report which measures signed contracts on new homes. This report showed a decrease of 2.5% in June to a […]
