OCEANPORT, NJ — Netflix has been selected to open a massive film production studio at Fort Monmouth if a price can be agreed upon. Fort Monmouth is the former military base in Monmouth County that was shut down by the U.S. Army in 2011. If the deal goes through, Netflix will purchase 298 acres on th

Ryan Skove has shared this article with you.     View  |  Download     30YR Fixed 7.14% +0.02% 15YR Fixed 6.37% +0.02%   Mortgage Credit Availability Down to New 9 Year Low in September The Mortgage Bankers Association (MBA) released its Mortgage Credit Availability Index (MCAI) for the month of Sep

As you set out to buy a home, saving for a down payment is likely top of mind. But you may still have questions about the process, including how much to save and where to start. If that sounds like you, your down payment could be more in reach than you originally thought. Here’s why. The 20% Down Pa

Ryan Skove has shared this article with you.     View  |  Download     30YR Fixed 7.12% +0.08% 15YR Fixed 6.35% +0.20%   Rates Back to 20 Year Highs as Economy Remains Resilient The resilience of the economy is a matter of debate with different cases to be made depending on the data. But when it com

Ryan Skove has shared this article with you.     View  |  Download     30YR Fixed 7.04% +0.09% 15YR Fixed 6.15% +0.10%   Application Volume Plunges to 25 Year Low There were two storms brewing last week and each contributed to driving mortgage applications to generational lows. The Mortgage Bankers

Mortgage Rates Jump Back Up Toward 7% Wed, Oct 5 2022, 4:19 PM The mortgage rate world has been on a wild ride in general, and even more so in the past few weeks.  The crux of the drama was a British fiscal policy announcement that sent financial markets into a tailspin just after the September 21st

Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans. The Impact of Rising Mortgage Rate

If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one. Inflation and the Housing Market This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pin

  Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you’re asking yourself: w

  Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house. Data shows 51% of homeo

Will My House Still Sell in Today’s Market? If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past

The national inventory of active listings increased by 26.6% over last year.  The total inventory of unsold homes, including pending listings, increased by just 1.3% year-over-year due to a decline in pending inventory (-21.9%).  Selling sentiment declined and listing activity followed, with newly l

If you're thinking about buying a home today, there's welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be

In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should –

The Mortgage Bankers Association (MBA)says the pace of mortgage applications slowed fora fourth consecutive time during the week ended September 2. MBA’sseasonally adjustedMarket Composite Index, a measure of application volume, decreased 0.8 percent headinginto the long Labor Day holiday weekend. O

Expert Forecasts on Mortgage Rates If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your

How Owning a Home Builds Your Net Worth Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wea

A Trusted Real Estate Advisor Provides Expert Advice If you’re a homeowner or are planning to become one soon, you’re probably looking for clear information about today’s housing market. And if you’ve turned to the news or even just read headlines recently, you might feel like you’re left with more

Why You May Want To Start Your Home Search Today If you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and more to try to decide if you want to jump into the market. While some buyers

3 Tips for Buying a Home Today If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes for sale is increasing, giving buyers like you additional options. But it