Newsletter

Join Our Mailing List
Email:
For Email Marketing you can trust

Mortgage Rates



Mortgage Rates



Current Mortgage Rates


Get Widgets

News

Follow us

     

Video Message

Place An Order Today

                

Attorney Settlement Assistance Program

Closing Services for Attorneys, Lenders and Realtors.
Check out ASAP

Zillow and Trulia Shareholders Approve Acquisition

Zillow and Trulia announced on Thursday, December 18, 2014, that their shareholders overwhelmingly approved the definitive agreement whereby Zillow will acquire Trulia.

According to the terms of that agreement, Zillow will acquire Trulia in a stock-for-stock transaction, where Trulia stockholders will receive 0.444 shares of Class A Common Stock of the combined company for each share of Trulia.

Building from 2014 into a Stronger 2015

With the end of the year approaching, I like to look for ways to improve and make my 2015 better than my 2014.

In a recent article in Small Business Trendz, it listed a 15 point checklist starting with:

1. Plan, Don't React, for the Future
2. Knowing How to Say No, Opens You Up for More "Yeses" to be Acted Upon
3. Don't Allow Failure to Define You, Learn from It
4. Invest and Manage Your Time
5. Go the Extra Mile: Do More Than is Asked

For the rest of the article go to: http://smallbiztrends.com/2014/12/traits-of-successful-people.html

Ralph Aponte, President

Equifax Reports National Mortgage Delinquencies Fall

Total amount of seriously delinquent first mortgages fell below $200 million in November according to Equifax. Equifax Inc. is a consumer credit reporting agency in the United States, considered one of the three largest American credit agencies.

Equifax reported the total number of first mortgages delinquent, those 30 days or more past due, was $198.8 billion in November.

This represents a significant decrease of nearly 30 percent from the same period in 2013.

Using Linkedin to Build Your Lead Pipeline

Everyone wants to grow their pipeline of good leads.

Who doesn't?

The way to keep that pipeline flowing takes going below the surface.

Many people in the real estate industry are investing budgets and dollars into such social networks as Twitter and Facebook and even Pinterest.

But according to recent data, LinkedIn "kills it."

Realize that in marketing, you can't do everything, so just do what is critical to credibility and "connectability."

A recent study found that LinkedIn produced 277 percent more leads than Facebook and Twitter.

NJ Gas Prices Continue to Fall

The price of gas continues to fall state-wide.

Christmas has definitely come early this year to New Jersey drivers.

This morning GasBuddy.com is reporting that you can fill-up your car in North Arlington for $2.07 a gallon.

The current New Jersey average price per gallon is $2.52, which represents a decrease of 10 cents per gallon from the week before, and about 25 cents less than a month ago.

This time last year the current average price of a gallon of gas was $3.29.

The highest price of a gallon of unleaded gas in New Jersey was $3.95 recorded in July 2008.

Mortgage Apps Up 7.3% & FHA Fee Dropped

Two pieces of news hit this week:

Mortgage Bankers Association reported that applications for mortgages increased 7.3 percent for the week ending December 5th, 2014 from the prior week.

5 Ways to Keep Your Prospects Listening & Buying

The objective is to keep the value of your pipeline conversations moving ahead. Here are 5 ways to do so:

1. Be a Local Market Guru
At one point, a very, very long time ago, an agent could have zipped-out an MLS list and presented it to a buyer;that hasn't been the case for over a decade. Knowing your market means having access to your neighborhood's pulse makers and takers. You have to know such things as the average price for a three-bedroom home, what is more in demand: single-family or two-family homes, and where new construction can actually increase the value of a home.

Fannie-Freddie Regulators Drop Down Payment Minimums to 3%

The Fed is obviously paying close attention to home ownership stats.

Mel Watt said, "The low down-payment loans are a safe way to help families with healthy incomes and meager savings buy homes."

Fannie Mae (FNMA) and Freddie Mac, which purchase about two-thirds of new home loans and package them into bonds, currently allow down payments as low as 5 percent.

The U.S. home ownership rate has fallen to 64.4 percent from 69.2 percent in 2004 as blacks, Hispanics and first-time buyers struggle to get loans.

Building Boom in New Jersey Reaches Out to 2017

The construction analysts in New Jersey are pretty positive.

They are seeing double-digit growth in construction for the state over the next few years.

Figures, such as 20 percent growth, are being tossed around like volleyballs by such groups as the New Jersey Alliance for Action [NJAA], which held its 30th annual construction forecast seminar this fall.

The burst in economic activity comes from new public train stations, infrastructure rehabs and overhaul of bridges, rebuilding from Super Storm Sandy and general renovations contracted by small businesses across the state.

Creating a Powerful LinkedIn Profile Pt 2

Keep Your Profile Updated

+ Update projects you have worked on.
+ 66% of companies hire based upon experience.
+ Join "Active LinkedIn Groups."
+ You can direct message ANYONE in a group that you are a member of.
+ LinkedIn permits you to participate in 50 LinkedIn Groups, so be discerning about the quality of your groups and review them on a regular basis.
+ Add to and update your archive of publications.

Increase your involvement:
+ LinkedIn notes that 40% of LinkedIn users check their accounts daily.
+ It takes 20 monthly posts to reach 60% of your LinkedIn network.