Jeff Lutcza's Blog

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Mortgage and Lending - Pinnacle Mortgage - NMLS# 147581
RECENT BLOG POSTS
If you thought the HVCC was a pain, wait until the new H.E.R.A. Truth In Lending rules take effect July 30th.  Under the new rules the final TIL's APR cannot vary by more than .125% UP or DOWN from the initial disclosure.  If it does, the TIL must be re-disclosed to the borrower and closing canno...
07/23/2009
The Commerce Department reported Tuesday that housing starts increased 17.2% to a seasonally adjusted 532,000 annual rate compared to April.  The financial markets responded favorably interpreting this as a sign that the housing market is bottoming.  But is it? Housing starts are a measure of new...
06/16/2009
I have been saying this all along and now the Harvard University's Joint Center for Housing Studies concurs. The Northeast is likely to emerge from the housing slump before other regions of the country because: We did not experience the same level of over building as other parts of the country. W...
09/25/2008
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I'm tired of hearing it!  Every-time you turn on the radio or TV or pick up a paper, some self proclaimed expert is talking about how bad the real estate market is and how much more they think prices will drop before it is over.  And if you're thinking of buying a home you should wait.  Well gues...
07/24/2008
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Jeff Lutcza

Mortgage Consultant
local_phone(973) 823-1300
smartphone(201) 477-0359
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