NJ Housing Outlook 2019: Mortgage Rates Leveling, Home Prices Rising
Mortgage rates rose steadily during the first half of 2018, and have since leveled off a bit. Looking
FHA Mortgage Insurance Premiums in New Jersey Unchanged for 2019
Sorry home buyers. FHA mortgage insurance premiums in New Jersey won’t be reduced anytime soon. That
Forecast: New Jersey Mortgage Rate Predictions for 2019
Mortgage rates in New Jersey and nationwide have leveled off a bit over the past few weeks, and that trend
Average Credit Score and Debt Ratio for FHA Loans in New Jersey, Q2 2018
A recent report revealed the average credit score among home buyers in New Jersey and nationwide. The average
In New Jersey, FHA Loans Accounted for Nearly 30% of Home Purchases
Federal Housing Administration (FHA) home loans are a popular financing path among New Jersey home buyers. In
Forecast: Home Prices in New Jersey Could Outpace the Nation in 2019
A fresh round of housing forecasts suggest that home prices in the state of New Jersey could rise faster than
Report: Down Payments Below 20% Are Common in New Jersey
Many home buyers in New Jersey believe that they have to make a down payment of at least 20% to qualify for a
Housing Affordability Is an Issue for Some Buyers in New Jersey, Nationwide
Summary: The two biggest issues in housing markets across the country right now are a lack of affordability
Report Shows What an ‘Average’ FHA Borrower in New Jersey Looks Like
Once per quarter, the Department of Housing and Urban Development (HUD) sends a report to Congress with
Report: Access to New Jersey Jumbo Loans Improves in 2018
Home prices in New Jersey have climbed steadily over the last few years, and the general consensus is that
Report: FHA Loans Favored by Many First-Time Buyers in New Jersey
Home loans insured by the Federal Housing Administration (FHA) are one of the most popular financing tools
Report Shows Median Down Payment in New York-Newark-Jersey City Metro Areas
What does the average down payment on a house look like in New Jersey? For those who live in the New
Report: PMI Helped Thousands of New Jersey Home Buyers Last Year
Home buyers are sometimes disappointed to learn that they need private mortgage insurance on their home
Assisting Your Rebuild - Financial Options For Renovation Financing
Any local resident in need of a renovation loan will receive a $2,000 credit toward closing
Report: Mortgage Underwriting Criteria Loosen in New Jersey & Nationwide
In a recent blog post, we provided an overview of the mortgage underwriting process in New Jersey. Today we