News & Articles

VA Loans: Top Misconceptions Debunked

VA Loans: Top Misconceptions Debunked

After honoring and remembering our veterans last month on November 11th, 2023, we decided to take a closer look at VA loans. While VA loans are an important program that allows veterans to become homeowners, many misconceptions surround VA loans. These misconceptions...

Your Guide to Refinancing Your Mortgage in New Jersey

Your Guide to Refinancing Your Mortgage in New Jersey

If you are thinking about refinancing your mortgage, there are several things to keep in mind. Top Reasons to Refinance Your Mortgage What makes people want to refinance their mortgage in the first place? Refinancing offers the following benefits: Alleviating the...

Avoid Home Buying Regrets: Top 4 Common Mistakes Homebuyers Make

Avoid Home Buying Regrets: Top 4 Common Mistakes Homebuyers Make

As the age-old saying asserts, a house is a man's castle. However, it's also an investment that demands considerable thought, financial planning, and foresight. Navigating the unpredictable terrain of the real estate market, particularly in the current ecosystem of...

A First-Time Homebuyer’s Guide to Financial Options

A First-Time Homebuyer’s Guide to Financial Options

Buying a home can be quite similar to getting married: you feel butterflies in your stomach and a mix of fear, excitement, and even a bit of anxiety. However, unlike your wedding day, you need to rein in those emotions and keep your eyes peeled to buy your dream...

Tips & Strategies for Navigating the Challenging Real Estate Market

Tips & Strategies for Navigating the Challenging Real Estate Market

Thermometers around the world aren’t the only ones hitting off-the-chart temperatures this summer; the U.S. housing market is boiling-hot. Stubborn, soaring home prices, and ratcheting-up mortgage rates have rocketed the real estate market. Although homebuyers saw a...

Rocket, UWM 1% down products – mortgage giants go head-to-head

Rocket, UWM 1% down products – mortgage giants go head-to-head

The inspiration to launch the program is to help consumers buy homes, he said, without mention of rival UWM: “I’m in the business of changing people’s lives,” Fawaz said. “This is a program that can change American lives. It hasn’t been a kind market for any of us,...

Mortgage application decline continues amid economic turmoil

Mortgage application decline continues amid economic turmoil

Application volume for mortgage loans declined for the third consecutive week against an increasingly cloudy economic backdrop, the Mortgage Bankers Association reported today. MBA’s Market Composite Index, a measure of mortgage applications, slumped 3.7% on a...

loanDepot names new chief marketing officer

loanDepot names new chief marketing officer

loanDepot has named company veteran Alec Hanson (pictured) as its new chief marketing officer, effective immediately. The lender promoted Hanson, previously senior vice president of production for the West division, to lead its marketing team and oversee the...

Ellington Financial to enter billion-dollar merger

Ellington Financial to enter billion-dollar merger

Penn added that this acquisition will result in greater operating efficiencies, a larger market capitalization, and attractive long-term unsecured debt and preferred equity capital. Read more: Ellington Residential Mortgage REIT publishes Q4 financial report “Upon...

House price downturn comes to an end

House price downturn comes to an end

The year-over-year house price index also rose modestly, up 0.7% in March. The acceleration was apparent in many Western states. “The CoreLogic S&P Case-Shiller Index squeezed a 0.7% year-over-year increase in March. But, monthly gains, up 1.3% from February, are...