Weichert’s Mortgage Minute, March 28, 2014
President Obama signed into law a bipartisan bill reversing much of a 2012 overhaul of the government’s flood insurance program. This comes as a relief for homeowners living in flood-prone areas who would have seen large increases in insurance costs. The changes to the original program were made to help eliminate subsidized rates for those […]
New Listings – Basking Ridge
Mortgage News from Basking Ridge Real Estate and Weichert Financial
This Week’s Mortgage News Buyers using a jumbo mortgage might encounter a pleasant surprise: Mortgage rates for jumbo mortgages – loans over $417,000 in most of the United States and over $625,500 in pricier areas – are now at, or below, rates for conventional mortgages. This compares to recent years when it was standard for […]
Weichert Insights: Winter Damage to Landscaping
As the snow begins to melt after a long, harsh winter, homeowners will soon be able to catch their first glimpse of the weather’s impact on their landscaping. Between the ice, cold temperatures and plentiful use of melting salt, there is likely to be a few casualties from the winter weather. The good news is […]
Basking Ridge Seller alert: there is no doubt about it – buyer demand is HIGH
Despite one of the harshest winters in memory, a recent spring-like weekend reinvigorated homebuyers, who were out in force visiting Weichert open houses. In fact, overall attendance at Weichert open houses that weekend was at its highest level all year. In addition, the average number of attendees at each open house was up 21 percent […]