According to Fannie Mae’s most recent monthly survey, the upward trend in housing market sentiment has continued. Respondents in its January survey believe home prices will rise by 1 percent over the next year, an improvement over the 0.8 percent gain predicted in December. Additionally, 44 percent of those responding to Fannie Mae’s [...]
Continue Reading →Metlife Home Loans is laying off most of their 4,300 employees that are associated with mortgage loan origination and EXITING THE MORTGAGE ORIGINATION BUSINESS ALTOGETHER! The Bloomberg article announcing this is below.
http://www.bloomberg.com/news/2012-01-10/metlife-most-of-4-300-at-mortgage-unit-to-lose-jobs.html
Previously, Bank of America had announced that it was eliminating 30,000 (with 4 zeroes) employees in the next few years. [...]
Continue Reading →Roberta Baldwin, a well respected, experienced Real Estate Broker from the Keller Williams Montclair Metro Group Market Center joins the New Jersey Real Estate Today Blog Talk Radio Show to share her viewpoints on [...]
Continue Reading →NJ Real Estate Market Forecast 2011: Cloudy with a Change of Selling
I have been in the real estate sales business for 5 1/2 years. When I first started selling real estate, the market [...]
Continue Reading →NJ Real Estate Market Forecast 2011 Written for the Buyers Perspective
Despite the story of record-low interest rates dominating headlines, many consumers still don’t grasp the significance of the opportunity in front of them. What’s more, many would-be buyers are convinced that prices will go down. Don’t make the waiting game MISTAKE.
Continue Reading →Refinancing your home can be an excellent way to bring down your monthly mortgage payment, raise cash, or consolidate debts with high interest rates. However, you need to do your homework before deciding to refinance. One important factor is the difference between current interest rates and the rate of your original loan. You also need [...]
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