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 […]
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 […]
