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mortgages

(Photo by Justin Sullivan/Getty Images)
(Photo by Justin Sullivan/Getty Images)
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New Jersey continues to lead the nation in foreclosures

There's not a lot of good news for New Jersey in the latest numbers.

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SOLD sign
Tim Boyle/Getty Images
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Deciding to lock-in a fixed rate mortgage

Q. I have an adjustable rate mortgage from two years ago at 4.85 percent interest. I’m wondering if I should make it a fixed loan now or wait? I don’t plan to move any time soon

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SOLD sign
Tim Boyle/Getty Images
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Buying a house? Why you should lock in that fixed rate

Q. I know they’re talking about higher interest rates, and I’m buying a home. I was thinking about an adjustable but now I’m not sure. Can you guide me?

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Many NJ mortgages are still in trouble
Many NJ mortgages are still in trouble
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What NJ county is the best for mortgage approval?

A new report from SmartAsset.com determined the counties in the Garden State where homebuyers are most likely to be approved for a mortgage.

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Real estate sign indicating sold house
Ryan McVay, Thinkstock
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Average US rate on 30-year mortgage drops to 3.84 percent

Average long-term U.S. mortgage rates dropped this week to their lowest levels since May, in a week marked by turmoil in global markets that was stoked by economic developments in China.

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Category: Money & Business Tags:
Many NJ mortgages are still in trouble
Many NJ mortgages are still in trouble
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1 in 10 NJ mortgages are still in trouble, data shows

New data shows that one in 10 New Jersey residential mortgages are still in trouble, eight years after the great recession began.

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A sale pending sign is posted in front of a home in California
A sale pending sign is posted in front of a home in California (Justin Sullivan/Getty Images)
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US mortgage debt little changed even as sales, prices rise

Americans are buying more homes and at higher prices, yet new data shows that mortgage debt is little changed.

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Creatas, ThinkStock
Creatas, ThinkStock
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Mortgage alert – More NJ homeowners are ‘underwater’ in early 2015

Nearly 15 percent of homes in New Jersey are considered seriously underwater, meaning the owner owes at least 25 percent more than their property is worth, according to a new report from RealtyTrac.

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Home sales
David McNew, Getty Images
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Average US rate on 30-year mortgage barely moves at 3.7 pct.

Average long-term U.S. mortgage rates barely moved this week, remaining close to historically low levels as the spring home-buying season gets underway.

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Home sales
David McNew, Getty Images
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Obama to reduce FHA mortgage premium rate to spur buying

WASHINGTON (AP) -- First-time homebuyers who obtain government-backed loans would benefit from an Obama administration move to lower mortgage insurance premiums.

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