From the monthly archives: May 2013

Step 1 : Check Your Credit Score

Your credit score will affect whether you qualify for a mortgage, as well as the terms of the loan itself. The higher your credit score is, the more likely you are to be offered favorable loan terms and low mortgage rates. Checking your credit reports and scores before […]

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Important! What you MUST know about FHA Mortgage Insurance Changes on Monday June 3rd:

As of June 3rd, Mortgage Insurance will remain on for the life of FHA Loans, regardless of the down payment.

To be grandfathered into existing rules, make sure you have done the following three things by Friday May 31st. […]

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Home Prices On the Rise For Many Markets in NJ

05/23/2013 Frank Nothaft, Freddie Mac’s chief economist, spoke recently at Real Estate Connections, a informational, networking event organized by Chase Bank at Pines Manor in Edison. He said, “I have good news, good news and dismal news. I wouldn’t be an economist if I didn’t have […]

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