Archive for April, 2009
NJ Mortgage News - is Deflation Good or Bad?
Deflation can be a good thing or a bad thing, considering certain things. You need to take into account, that when deflation ocurs, it generally leads to loss of jobs and weakening of the economy. But not always is deflation a bad thing. Sometimes deflation can be based on new technology that [...]
NJ Mortgage - What is a “Full Doc” Loan?
I want to talk a little NJ mortgage loan lingo here There are two main different types of mortgage loan scenarios in New Jersey…”Stated Income” and “Full Doc” income models. Both of these income documentation models are used in qualifying someone interested in a New Jersey mortgage loan to buy or refinance. [...]
NJ Mortgage - Is Your Credit Score High Enough?
I want to focus on credit scores for people who are planning on buying homes in NJ for sale and refinancing in New Jersey. I want to more narrowly focus, on those individuals who feel that their credit score may just not be high enough to qualify. In a recent survery done in [...]
NJ Mortgage News - How the US Treasury works
I have done a LOT of talking about how the Fed works lately. I have shown exactly how it affects NJ mortgage interest rates, and how they control the entire US economy’s monetary policies. They do work very closely with the US Treasury, however, and now I want to show you how that [...]
NJ Mortgage News - The Fed’s Checks and Balances
I talk very much about the Fed in my blog posts, because it is the Fed that controls NJ mortgage rates, as well as the overall state of our locl and national economies. I always strive to find ways to keep my readers informaed about the latest happendings in the Federal reserve, so that [...]
NJ Mortgage - the Fed and Economic Indicators
I want to explain how the Fed uses “economic indicators” to decide what their next move will be, and how it affects NJ mortgage interest rates. Many people seem to think that economics is very boring, but I’m going to try to make this at least a little bit fun We know [...]
NJ Mortgage - Why the Fed is the Ultimate Bank
I want to talk to you about how the Fed acts as the largest and most powerful bank in the world. We already know who they are, and how they control NJ mortgage interest rates. They control the entire fate of the US, and even world, economies. New Jersey home prices and [...]
NJ Mortgage News - Do We Really Need the Fed?
I’ve talked in the recent opast about the wacky central bank that affects NJ mortgage rates, called the Fed, but now I want to b reak it down further and help you determine, for yourself, if you think we really need the Fed. You probably know that the Fed is basically the entire backbone of [...]
NJ Mortgage - How the Federal Reserve Works
Many people who are interested in NJ mortgage information, look into getting a mortgage in New Jersey without even knowing anything about where the interest on that loan comes from. It comes from a privately held, central bank, called the Federal Reserve.In this article, I will give you some insight into exactly how the [...]
NJ Mortgages - Why Use a Mortgage Broker?
NJ Mortgage brokers can be a very valuable asset when you are looking to refinance your NJ home or purchase a home in NJ for sale. Mortgage brokers can shop around for the best mortgage rates on your behalf, and can save you a lot of time. With a NJ mortgage broker, you [...]