Over the years, you faithfully put money into your savings. Or you managed to make a hefty profit on your recent Jersey Shore home sale. You plan on buying a new Downbeach property. After weeks of searching, you found “the one”. The seller accepted your offer and now you enter escrow. At some point, you […]
Experts Expect Mortgage Interest Rates to Continue to Fall
Financial experts expect mortgage interest rates to continue to fall in the next few weeks. Does that mean you should wait because rates might hit near 2% before you buy a Downbeach home? Not necessarily.
Record Low Interest Rates Now Below 3%
Freddie Mac recently announced that 30-year fixed-rate mortgage loans hit their lowest point ever in the almost 50 years of company tracking with a reported 2.98% last week.
Mortgage Rate News: Predictions for 2020
Just a few days into the new year and Jersey Shore home buyers want mortgage rate news. What do financial experts predict to see in 2020?
Using Comps to Price Your Jersey Shore Home to Sell
So, you’ve decided to put your Jersey Shore home on the market. With so many tourists flooding the area right now, you’re sure to receive great exposure. Some may want to ditch the seasonal renting for something more permanent. Many sellers let their emotions take over when deciding on a list price. After all, you […]
Types of Mortgage Loans for Jersey Shore Home Buyers
FHA, VA, conventional. adjustable-rate or fixed-rate. When it comes to Jersey Shore mortgage loans, which one of these makes the most sense for you?
Your Credit Score Explained: What You Need to Know
Unless you can afford to pay for your Jersey Shore home in one lump sum of cash, you’ll need to borrow some money. Credit scores factor heavily in whether or not your bank approves your loan. Higher scores receive better interest rates. Have you ever wondered what exactly goes into determining your credit score? Here’s […]