Three-month mortgage forbearance limited to those directly impacted economically by COVID-19, with eligibility decided by lenders on a case-by-case basis.
While the nation as a whole saw seriously underwater properties decrease by more than 37,000 from the first quarter of 2016, New Jersey experienced a jump of more than 8,800.
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
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?
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.