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Wednesday, July 18, 2018

Real Estate

Mortgage Rates Hit Highest Level Since 2014

The Mortgage Bankers Association released their weekly Mortgage Application Data Report showing that overall application volume declined by 6.6%. Applications to Purchase a home were down 6.0% and Refinances decreased by 7.0%. I assume that this is no real shock for anyone who has been reading my articles or watching the bond

Beware Assessments

As a professional real estate agent and homeowner in Teaneck, my experience of reducing assessments has been consistently successful. Certainly, when one can prove a home’s assessment is higher than the value, the homeowner will be paying less in yearly property taxes since the amount of taxes is calculated by multiplying the

Rabbi Eytan Feiner  Praises New Ramat Givat Zeev Project

(Courtesy of Ramat Givat Zeev) Ramat Givat Zeev recently hosted Rabbi Eytan Feiner, shlita, the esteemed spiritual leader of the Five Towns community in Long Island, one of the most well-known frum kehillas in New York. After hearing that many people from his community had purchased properties in Ramat Givat Zeev, he decided to

JEC Basketball Secures Doubleheader Wins

On Senior Night at JEC, Thunder seniors Shalom Dershowitz, 13 pts, Gidon Hagler, 11 pts, Shmuel Moore, and Yishai Arnheim all scored for JEC. Dominating the night for the assembled crowd was the opening tip score by Shua Coan, who played his first game in two years due to illness. At the end of the game, Shua

Taking All The Credit

I am far from a credit-scoring expert, but I have learned a few tricks over the years that have come in very handy for my clients from time to time. In the mortgage world, as you can imagine, credit is everything. Granted, someone with a credit rating below a certain threshold will still get approved for a mortgage, but it can

Mix, Match and Mosaic: The Top Interior Design Trends of 2018

(BPT) Whether you’re redecorating your home, changing up that old carpet for warm hardwood flooring, or just longing for a fresh coat of paint and some new accents in the living room, the design trends this year are all about texture, style and surprises. It’s hardwood floors celebrating knots and imperfections or variations in

Five Top Trends for Your Kitchen in 2018

(BPT) It’s your home’s focal point. The site of some of your best moments and the base of operations for entertaining - it’s your kitchen, and no room in your home is more valuable. A magnificent kitchen defines a home, and bringing your kitchen to this level means capitalizing on today’s top trends.

Low Credit Scores Cost Big Bucks

The mortgage rate examples below were pulled off the MYFICO website. We know that rates change, so regardless of where rates are, the following general rules apply:

Low 600 credit score range—for every 20 point increase to the credit score, the interest rate lowers by.50% ($75 a month or

Refinance Before It’s Too Late

Where are interest rates headed? This question is asked by every new borrower trying to decide when to lock their rate. Pundits say that short-term rates are headed higher since we are pretty sure the Federal Reserve will hike interest rates at least three times this year, with more to come in 2019. This will directly impact

A Great Lawn Begins With a Great Engine

(BPT) As the days grow longer and the snow begins to recede, homeowners will once again venture outdoors to get their yards and lawn into tip-top shape for summer fun. But just like your lawn has been hibernating over the long winter, so too has your lawn mower and other small engines. Even if you properly winterized your mower,

I Told You So, and So Did They

While it might seem repetitious coming from me, there are a few vital market gauges in the economy, that are continually fluctuating, and require our constant attention. Stock and equity markets, inflation indications, the Federal Reserve’s monetary policy, housing starts and permits, interest rate movement and consumer

How to Prepare for Extended Power Outages

(BPT) In the year 2018, it’s very easy to take your home’s power for granted. You flick the light switch and the lights come on. Same with the television and the microwave. It’s easy. And should a storm knock the power out, you expect that it will be up again in a matter of minutes or hours.