Advisors Mortgage Len Herbert - dup

06/15/2022

Coming Soon! Very Soon!!

4 Bedroom, 2.5 bath home with a full, partially finished basement!

Click below to look at some pictures, get the price and see some financing options 👀

This is a Coming Soon Listing and cannot be shown until 6/21. Every once in a while, you find a property that feels like HOME the minute you walk in the front door - this is that home! This 4 year old home located in the charming community of Tuckerton Landing features almost 2400 sq ft. As you walk...

06/01/2022

Well written article on the MCAI (Mortgage Credit Availability Index).

This, along with a few other factors is why I believe we are not headed for another housing crash or bubble.

In today’s housing market, many are beginning to wonder if we’re returning to the riskier lending habits and borrowing options that led to the housing crash 15 years ago. Let’s ease those concerns.

05/19/2022

1 week ago Flemington, NJ "Len and Monica are great. Very knowledgeable and helpful." – Ashley D. 4.5 Review Verified 2 weeks ago Barnegat, NJ "Again, Monica and the whole team; Ginnie and Sarah and the underwriters. Everyone truly took my story and wanted to help in anyway they could and truly wa...

05/17/2022

The NAHB Housing Market Index, which measures builder confidence, fell 8 points to 69 in May, which is much worse than expectations.

Looking at the internals, it’s important to remember that a reading above 50 signals expansion, while a reading below signals contraction: Current Sales: down 8 points to 78. Sales Expectations: down 10 points to 63. Buyer Traffic: down 9 points to 52. These numbers are not necessarily bad, as they all still signal expansion, but the drop is significant.

Builder sentiment is weakening, as their material costs are still up 19% from last year, home prices and interest rates are higher, and they still have labor issues and a big backlog.

The NAHB Housing Market Index, which measures builder confidence, fell 8 points to 69 in May, which is much worse than expectations. Looking at the internals, it’s important to remember that a reading above 50 signals expansion, while a reading below signals contraction: Current Sales: down 8 poin...

05/02/2022

Busy week coming up!

Fed Meeting and jobs reports!!

The $10.2 Trillion Question: Here's Why All Eyes Are on the Federal Reserve this Week...

04/04/2022

The Market May Take a Breather this Week but the Volatility is Far From Over

10/11/2021

Mortgage Advice - Powered By Mortgage Coach

06/11/2021

Some Highlights Longer days and sunny weather mean summer is upon us, and what better conditions than right now to upgrade to the home of your dreams? If your needs have changed, it’s a great time to upgrade – there’s likely high demand for your current house, and today’s low mortgage rates ...

02/02/2021

What’s today’s biggest housing market challenge? Yep...No inventory.

01/29/2021

As we look beyond the trials of the pandemic, many are hoping for a new beginning, and that may mean moving. Let’s connect today to talk about your new goals and options in today’s market. Contact me at 732.684.5771 or
www.LHerbert.AdvisorsMortgage.com/contact to discuss your next move!

As we look back over the past year, we’ve certainly lived through one of the most stressful periods in recent history. After spending so much more time at home throughout the health crisis, some are wondering if they should move to improve their mental health and well-being. This is no surprise si...