Resilient Housing Market
The National Association of Realtors released its Pending Home Sales report and it showed signed contracts in the month of February 2022 wer…
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Advisors Mortgage Group’s Steven Meyer Named NJBIZ Leaders in Finance Award Honoree
Advisors Mortgage GroupPresident Steven Meyer OCEAN TOWNSHIP, N.J., March 30, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Advisors Mortgage G…
Read moreFed Raises Rates for First Time in Four Years, More Hikes to Come!
Last Wednesday, the Federal Open Market Committee (FOMC), raised the federal funds rate by 25 basis points, signaling the first time the FOM…
Read moreAll eyes on the Fed
This week the Federal Reserve, led by Fed Chair Jerome Powell, will meet for their two-day meeting starting on Tuesday. All eyes will be on…
Read moreMortgage Rates Drop from Two-Year Highs!
Mortgage rates recently skyrocketed to their two-year highs, causing mortgage demand to decrease significantly for homeowners looking to ref…
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Get pre-qualified Call 800-778-9044Tight Housing Inventory and Record High Appreciation
Last week the National Association of Realtors released their Existing Home Sales report, which measures closings on existing homes, for the…
Read moreHomebuyers Are Taking Out Record High Mortgage Amounts as Home Prices Continue to Rise!
We are currently experiencing one of the priciest housing markets in history, resulting in homebuyers taking out higher and higher loan amou…
Read moreAnother Inflation Record and the Fed’s Love Runs out
The U.S. Bureau of Labor Statistics released their Consumer Price Index (CPI), which measures inflation on the consumer level, and it rose b…
Read moreBorrowers Recognize that Rates are Rising and the Refinance Window is Closing
Rates are clearly on the rise, and the remaining borrowers that are eligible to refinance their home are quickly realizing that this may be…
Read moreTight Inventory and Strong Homebuyer Demand
The latest Existing Home Sales report, released by the National Association of Realtors, showed that existing home sales for the month of De…
Read moreBuyer Demand Increases as Rates Continue to Rise
According to the Mortgage Banker’s Association (MBA) seasonally adjusted index, applications to purchase a home rose 2% last week as compare…
Read moreInflation Continues To Break Records
The Producer Price Index (PPI) which is a gauge of inflation on the wholesale level, rose 0.2% in December. Year over year, the PPI index in…
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