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.
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.