Javon Ross's (jross18) Blog

News for Today: The bond market opened down slightly while Meanwhile Mortgage Backed Securities (MBSs) opened up slightly this morning and has not changed much despite the news of a spike in the unemployment rate last month. The stock markets opened down and are reacting negatively to the news. T...

While foreclosures wreak havoc on the finances of their victims, they also can be golden opportunities to buy.     In recent years foreclosed homes have become popular targets for real estate investors -- even novices have been lured by the dream of getting rich quick through foreclosure "flips."...

    One of the worst things about the overall real estate market today is that there doesn't seem to be any silver lining behind that big black cloud.     Normally, you'd think dramatically falling prices would make homeownership a reality for more moderate-income families. But even with homes mo...

  MSA Code Division County Name CountyCode State One-Family Two-Family Three-Family Four-Family Last Revised Limit Year ATLANTIC CITY, NJ (MSA) 12100   ATLANTIC 001 NJ $316,250 $404,850 $489,350 $608,150 01/01/2009 CY2009 NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METRO 35620 35644 BERGEN 003 NJ $625,50...

Poeple buy because of location, and of course price. However, people WON'T buy because of condition. With that being said Atlantic coast Mortgage can help resuscitate your listing in need of repair with the FHA 203(k) Rehabilitation Loan. ACM is THE LARGEST FHA lender in the Atlantic and Cape May...

    5.84 percent (30-year fixed); Average Points: 0.39   Mortgage rates climbed this week, along with the number of refinances. The average 30-year fixed-rate rose 42 basis points, to 5.84 percent. A basis point is one-hundredth of a percentage point. The average 15-year fixed -- a popular option...

Don't go cold this winter.  The State of New Jersey and Utility company's offer assistance with heating and electrical bills.      New Jersey Department of Human Services Energy Assistance Programs - financial assistance programs for low-income residents to help pay winter heating bills.   Low In...

According to VA guidelines, borrowers and / or their spouse must qualify according to set debt ratios which are used to determine whether the borrower can reasonable be expected to meet the expenses involved with home ownership. TOTAL FIXED PAYMENT TO EFFECTIVE INCOME Add up the total mortgage pa...

For quite some time I have been hearing people offer their theories as to when we will hit the bottom of the housing market.  So many are trying to time things just right so they can get the best possible deal.  The reality is that we will not know when we've hit the bottom until after that time ...

FHA Condominium Loans are specifically geared toward those who purchase housing units in a condominium building. Condominium ownership, in which separate owners of individual units jointly own the development's common areas and facilities, is for some a very popular alternative to home ownership....