Working From Home Improved Productivity And The Drawback Being Impersonal Communication

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In: Realtor News

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During the past year across the country working from home has become common due to the global pandemic. According to a Pew Research Center report released in December, before the pandemic, only 20% of jobs could be performed remotely mostContinue Reading

Lenders Surprised By Fannie Mae Limiting Certain Loans

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In: New Home Mortgage News

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Fannie Mae announced a change to the GSEs preferred stock purchase agreements made by former Treasury Secretary Steve Mnuchin, which will limit purchases to 7% over the course of a 52 week period.  And the mortgage companies started worrying becauseContinue Reading

U.S. Online Personal Loan the Popular Trend

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In: Home Equity News

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Last updated on December 26th, 2022 at 09:35 pmAccording to a survey from J.D. Power In 2019 the fastest-growing category of consumer debt was personal loans. the loan application and lending process easier than ever because of the internet. OutContinue Reading

On top of Considerable Funding passed last year - A new $1.9 Trillion U.S. Stimulus Package

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In: Mortgage News

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On Wednesday, the U.S. House of Representatives passed a coronavirus relief package of $1.9 trillion ensuring that an enormous portion of the funding would be released by the Biden administration.  U.S. experts have praised the package as significant federal actionContinue Reading

Meet The App That Can Help Increase Your Home Value

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In: New Home Mortgage News

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Last updated on May 31st, 2021 at 08:51 amA home is the biggest investment of the majority of Americans with 62% of their net worth associated with their home equity. For most Americans homeownership is the best way to growContinue Reading

New Jersey Foreclosure Prevention Act Signed By Governor Phil Murphy.

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In: Realtor News

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New Jersey Housing and Mortgage Finance Agency (NJHMFA) will lead the implementation of the New Jersey Residential Foreclosure Prevention Program’, to promote the agency’s commitment to affordable housing ownership and foreclosure mediation.  To address the rising number of foreclosures inContinue Reading

Loans In Forbearance Decreases By 3 Basic Points

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In: Refinance News

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Last updated on April 1st, 2022 at 04:41 pmAs of February 28, 2021, the total number of loans now in forbearance is 5.20% showcasing a drop by 3 basis points from 5.23% of servicers’ portfolio volume in the prior weekContinue Reading

How To Take Advantage Of Higher Home Value

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In: Realtor News

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Last updated on December 23rd, 2022 at 10:32 pmWith the COVID-19 pandemic’s impact on the country’s economy, home values have soared.   The low housing inventory and competitive mortgage rates are the reason for that. In December 2020, the median priceContinue Reading

Is Paying Off The Mortgage Payments Over Retirement Savings The Best Option?

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In: Mortgage News

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If you are approaching retirement, then just by doing little savings a fixed income is absolutely possible.  Many a time people frantically pay off their forward mortgage with the hope of saving for retirement, but it could be a stressfulContinue Reading

Wells Fargo Bank In Soup Because They Paused Customers Mortgage Payments Without Their Consent

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In: Mortgage News

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Last updated on August 3rd, 2022 at 09:21 amWells Fargo bank has paused their mortgage payments without their consent say about 1600 customers. According to a letter the bank had sent to two U.S. senators in August and September theContinue Reading