All Posts in Economy
Fed Meetings and their impact on consumers
July 18, 2011
The Federal Reserve released its June 2011 Federal Open Market Committee meeting minutes Tuesday. It contained no surprises and, as such, mortgage rates in Pennsylvania and New Jersey have idled in the hours since. The Fed Minutes is published 8 times annually, three weeks after each scheduled Federal Open Market Committee meeting. It’s the official log [...]
How Recent Market Changes Can Affect You
May 17, 2009
As the Real Estate and financial markets continue to move up and down, mortgage rates can also be affected. Since mortgage rates are more closely tied to the bond markets, an up or down move in the stock market may not have the result in mortgage rates that one might expects. In fact, many times [...]
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Jeff Onofrio is a branch manager and mortgage loan originator who is currently licensed in 16 states. He has been in the mortgage business since the late 90’s and has worked in every aspect of the business which gives him a unique perspective on the business. NMLS # 38670 Learn more »
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