Heather Glen (Haddon Township, NJ)
By Jamie Russen, 100% Financing Specialist
(Jamie Russen - Greentree Mortgage)
According to the Census Bureau, seasonally-adjusted, single-family Housing Starts rebounded in March, increasing 8 percent over February's 2-year low. We can't put too much faith in the data, however, because for the second straight month, the government reports that the data's margin of error - 15 percent - exceeds its actual measurement. As written in the footnotes, there's no "statistical evidence to conclude that the actual change [in Housing Starts] is different from zero." In other words, single-family Housing Starts may have dropped up to 7 percent last month, or may have increased by as much as 22 percent. We won't know for certain until several months from now. As the Census Bureau gathers more data, it will revise its initial monthly findings. Such adjustments are common. Feb...
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By Jamie Russen, 100% Financing Specialist
(Jamie Russen - Greentree Mortgage)
There is no larger purchase that you will make in your life than buying a home. It is critical for First Time Home Buyers today to understand some key terms while applying for their first mortgage. I notice that a lot of First Time Buyers are almost afraid to ask questions. This should never be the case. If you are working with a lender or a Real Estate Agent that makes you feel like you are bothering them with questions, then it is time to re-consider working with them. What causes a lot of confusion are the terms that are used through out the home buying process. In this post I will try to best describe some terms that you will be hearing so you will have a better understanding for what these terms mean. APR - This is a commonly used acronym for Annual Percentage Rate. This is a good ...
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Haddon Township, NJ Real Estate Professionals