March Mortgage Delinquencies Fall

According to the most recent CoreLogic Loan Performance Insights Report, for March 2017, nationally, only 4.4% of mortgages were in some stage of delinquency. The 4.4% figure represented an improvement of 0.8% of a point in the overall delinquency rate as compared to...

Mortgage Applications Pop Over 7%

According to the Mortgage Bankers Association, loan applications to purchase a home jumped 10% from the previous week. In addition, purchase application volume increased to its highest level since May 2010.Refinance activity jumped up as well in response to moderating...

New Jersey Loses 13,000 Jobs

According to the New Jersey Department of Labor, New Jersey lost more than 13,000 jobs in May. Two positive notes silver-lined this announcement: the state’s unemployment rate remained at the 4.1% level, which is below the national rate of 4.3%. The early...

The High Cost of Renting in New Jersey

According to a new report published by the National Low Income Housing Coalition cited by the Housing and Community Development Network of New Jersey [HCDN], the costs for renters in New Jersey make it the sixth-most-expensive state for renters. The report calculates...