Last week was the 6th straight week of improving rates with Fannies gaining 4/32nds by time the markets closed on Friday... Teeny little gain, yes, but a pretty solid week of positive trading. All together this recent drop has not only taken us to levels we have not seen since the all time lows last fall, but it has also made this one of the most affordable times to buy a home in almost 2 decades. This week brings us a new list of data to chew on in a holiday shortened week. Here is this week's Calendar: Monday May 23rd: A no news day that has stocks down and Fannies slightly higher for the day, but Fannies are only slightly up which will not show much of a noticeable improvement in rates today. Tuesday, May 24th: April New Home Sales expected to be +0.3%. There have been declines in... 05/23/2011

Open House in Toms River with photos and maps for Sunday May 22, 2011. Toms River Open House information including school reports, neighborhood data and Toms River housing market trends. Click here for the list of Open Houses in Toms River  on May 22, 2011 with easy to access maps and numerous photos. These homes are located in East Dover, North Dover, Georgetown, Shelter Cove, Ortley Beach, Money Island, Green Island, Silverton, Snug Harbor, and throughout Toms River. Most Open Houses will take place between 1:00 PM and 3:00 PM, so use the maps provided in the links to plan your day...or call me and I'd be happy to set up an exclusive "tour of homes" at your convenience. For complete updated information on Ocean County Open Houses and real estate tips go to www.OpenHouseOceanCounty.com... 05/21/2011

Toms River (08753) Housing Market Report and Toms River Real Estate Market Analysis is a compilation of statistical data in graph and written form with interactive maps. The data presents market conditions on a local level and in three month 'snapshots' in an in-depth and understandable way. This market report includes Snug Harbor, North Dover, Bayshore, East Dover, Gilford Park, Sliverton, Silver Bay and the other areas in Toms River with the 08753 zip code only. Get your FREE personalized housing market report at  www.HomeValuesinOceanCountyNJ.com , for any location in Ocean County, Monmouth County and anywhere on The Jersey Shore. Housing Markets are continuously changing, I can provide you with the most up-to-date statistics within minutes of your request. Selling your Toms River Ho... 05/16/2011

 Even with a poorly bid 30yr auction last week, and some strength in the numbers, we still had another week of improving mortgage rates. Last week was the 5th week in a row of falling rates with Fannies gaining 8/32nds by the end of the day on Friday. This weeks calendar is a short one in comparison to last week: Monday, May 16: A no news day with the DOW trading off a bit and Fannies trading on either side of unchanged today, currently up 2/32nds. Tuesday, May 17: April Housing starts expected +3.8% and building permits +0.8%. Overall, the condition of the new home market has not improved enough to have any noticeable impact on the markets. Tuesday: April Industrial Production expected +0.6% and Capacity 77.7%. Even with Production growing over the past 7 months (give or take a month) ... 05/16/2011

Open House in Toms River with photos and maps for Sunday May 15, 2011. Toms River Open House information including school reports, neighborhood data and Toms River housing market trends. Click here for the list of Open Houses in Toms River for homes less than $400,00  on May 15, 2011 with easy to access maps and numerous photos. These homes are located in East Dover, North Dover, Georgetown, Shelter Cove, Ortley Beach, Money Island, Green Island, Silverton, Snug Harbor, and throughout Toms River. Most Open Houses will take place between 1:00 PM and 3:00 PM, so use the maps provided in the links to plan your day...or call me and I'd be happy to set up an exclusive "tour of homes" at your convenience. For complete updated information on Ocean County Open Houses and real estate tips go to ... 05/14/2011

  With Fluke Season opening last week I was reminded that not only has the season been extended this year, but the limit is up to 8 fish as well.  What else has changed? Well that depends on what you prefer to catch... I usually print a copy of this out to keep on my boat just in case! Please do not forget that you need to be registered with the Saltwater Registry to legally fish in NJ this year. Here is the the official list from the NJ Division of Fish and Wildlife. If you click on the JPG below it will launch you to their website as well.   Have a great week! Rob Robert Rauf Mortgage Loan Originator NMLS ID# 248937 www.RobertRaufHomeLoans.com   or my blog: http://activerain.com/blogs/rrauf (732)223-1630 x102 RRauf@REMN.com Since 1987 I have been helping my clients fulfill their dream... 05/12/2011

  As I look at my boat and wonder when I will have the time to get it ready for the season, and wonder how bad the gas bill will be when I fill it up.... I thought it would be a great time to share the news. We have a few things to look at for 2011, First: Just about EVERYONE needs to be registered if you are going fishing this season. We are in luck, this is a free service that only takes a few minutes to do on line WHO NEEDS TO REGISTER? NOTE: Anglers with a valid registration with the National Saltwater Angler Registry or have a valid license from another exempted state are required to register (for free) with the NJ Saltwater Recreational Registry Program. Registration with NJ will exempt you from having to register with the National Saltwater Angler Registry. Individual saltwater a... 05/12/2011

Last week was the fourth week in a row of improving interest rates. By the end of the day on Friday we had Fannies trading up 19/32nds for the week, with every day a positive one. We even managed a small gain on Friday with the employment report showing a much larger gain in jobs than anticipated, and all of the gain was from the private sector. The 4's are truly a reality for our good buyers right now, and with homes being more affordable than they have been in almost 2 decades, we certainly do have a lot of good news to share! This Week's Calendar has its share of potential fun for the markets to chew on, here it is: Monday, May 9: A no news day and after bouncing around most of the day we have Fannies trading well into positive territory right now, which is surprising when you consid... 05/09/2011

Open House in Toms River with photos and maps for Sunday May 8, 2011. Toms River Open House nformation including school reports, neighborhood data and Toms River housing market trends. Click here for the list of Open Houses in Toms River  on May 8, 2011 with easy to access maps and numerous photos. These homes are located in East Dover, North Dover, Georgetown, Shelter Cove, Ortley Beach, Money Island, Green Island, Silverton, Snug Harbor, and throughout Toms River. Most Open Houses will take place between 1:00 PM and 3:00 PM, so use the maps provided in the links to plan your day...or call me and I'd be happy to set up an exclusive "tour of homes" at your convenience. For complete updated information on Toms River Open Houses and real estate tips go to www.openhouseoceancounty.com Toms... 05/07/2011

RE/MAX at Barnegat Bay Toms RiverAnthony Barone Office Phone: (732) 914-0074Office Fax: (732) 914-0063Website or Mobile:http://www.oceanfirsthomes.com/MMX21115215E-mail: 1tonybarone@gmail.com   25 CRANMOOR DR Toms River, NJ 08753 Listing #: 21115215 Price: $2,399,000 Bedrooms:   4 Full Bathrooms:   3 Half Bathrooms:   2 This is Absolute Paradise in Prestigious Cranmoor. A Breathtaking Glendenning original. Updated with pure elegance and style. Riparian Grant, 84'Dock & Boat house. Beautiful retaining wall leads to heated I/G pool. Custom Built-ins with entertainment in mind. Lower level has full bar. Mstr bdrm suite opens up to a veranda style porch overlooking the river. Kitchen opens to outside grilling area with fireplace. A Customized showcase down to every detail. The Million Doll... 05/07/2011

RE/MAX at Barnegat Bay Toms RiverAnthony Barone Office Phone: (732) 914-0074Office Fax: (732) 914-0063Website or Mobile:http://www.oceanfirsthomes.com/MMX21044351E-mail: 1tonybarone@gmail.com   Toms River, NJ 08753 Listing #: 21044351 Price: $213,000 Bedrooms:   2 Full Bathrooms:   1 Half Bathrooms:   0 This house boasts and amazing 2 car detached Garage, with ample amount of storage for all your tools, a workshop and 2 cars, additional storage above also. Home is very well maintained, plenty of updates and an open flowing floor plan, owners are very motivated to sell.Furnace and airconditioner are newer,16x20 deck off the dining room, pavers,basement and plenty of room for a pool in the back yard, close to beaches,perfect location,owners need bigger home!!All offers will be entertaine... 05/07/2011

Seller Concessions- How & when to use them, and what are the limits? When I am working with a buyer, I like to look at their big picture, it helps me to understand what they want, what is important to them, and it will help me structure a mortgage scenario that leaves them with the best possible mix of affordable payment, cash investment, rate/term & reserves. In this post, reserves & cash out of pocket is what we are talking about when it comes to seller concessions. I think it is dangerous, especially for first time buyers, or one income families to have little in the way of reserves after a major move like buying a home. Often, having even a couple months of major expenses in the bank can make a huge difference for those who find themselves in a tough spot, especially when they have ... 05/04/2011

   Real estate can not be lost or stolen, nor it can be carried away. Purchase with common sense, paid for it in full and managed with reasonable care, it's about the safest investment in the world. Franklin Delano Roosevelt.   Have a great week! Rob Robert Rauf Mortgage Banker NMLS ID# 248937 www.RobertRaufHomeLoans.com   or my blog: http://activerain.com/blogs/rrauf (732)223-1630 x102 RRauf@REMN.com Since 1987 I have been helping my clients fulfill their dream of home ownership! Real Estate Mortgage Network Inc.        NJ Mortgages, New Jersey Mortgages, Mortgages in NJ, mortgage in New Jersey, Mortgages in New Jersey, Toms River NJ 08753, Toms River NJ 08755,  Brick NJ 08723, Brick NJ 08724 Mortgages in Ocean County NJ, Mortgages in Monmouth County NJ, Jackson NJ 08527, Howell NJ 07731 05/04/2011

  Last week was another good one for us in the mortgage world with Fannies gaining 35/32nds by the end of the day Friday, bringing us darn close to the lowest rates for 2011.  Luckily Bernake was well tuned with his "Fed-Speak" and did not scare the market, while striving towards transparency from the Fed.  The auctions were mostly well received and there were no surprises in the numbers. This week we got started off with some surprise news last night, (about 10yrs late, but better late than never) and the markets have been trading pretty flat on the news.  I guess they are trying to decide what the news means in the long run.  This week is a pretty short calendar with a biggie at the end of the week along with some DC fun, here is the calendar: Monday, May 2: April institute of Supply ... 05/02/2011

05/01/2011

Open House in Toms River with photos and maps for Sunday May 1, 2011. Toms River Open House nformation including school reports, neighborhood data and Toms River housing market trends. Click here for the list of Open Houses in Toms River  on May 1, 2011 with easy to access maps and numerous photos. These homes are located in East Dover, North Dover, Georgetown, Shelter Cove, Ortley Beach, Money Island, Green Island, Silverton, Snug Harbor, and throughout Toms River. Most Open Houses will take place between 1:00 PM and 3:00 PM, so use the maps provided in the links to plan your day...or call me and I'd be happy to set up an exclusive "tour of homes" at your convenience. For complete updated information on Toms River Open Houses and real estate tips go to www.openhouseoceancounty.com Toms... 04/30/2011

Members of the Monsignor Donovan High School Academic Challenge Team demonstrated their knowledge of history at the National History Bowl/Bee in Washington D.C. this weekend.  The students came from the local communities of Toms River, Forked River, Lanoka Harbor and other area towns. The History Bee is held for individual students will compete at about 40 State-level tournaments, with the top students qualifying for the National Championships in Washington, DC. The National History Bee is a competition for single students, however they also run a competition for teams of students, the National History Bowl. The State Bees and Bowls are held on the same dates and locations so students can participate in both. The contests were held in various locations through-out Washington including ... 04/28/2011

Last week ended up being a fairly quiet one with out any surprises on the calendar. Even with a holiday shortened week we saw Fannies improve slightly gaining 5/32nds for the week. This week is a MUCH busier calendar to deal with, and we have something brandy new on Wednesday to look forward to, here is the calendar: Monday April 25: New home sales were expected to come in +10% and actually came in over 11%, but this is after a weak winter for home sales and even on the positive news we still saw Fannies gain 7/32nds for the day. Tuesday April 26: Fed meeting begins today. Tuesday: April Consumer Confidence expected 64.5. The actual number hit the bulls-eye but last months number was revised up a bit. Over all, the Fed and the Market doesn't care much about what the consumer thinks, the... 04/26/2011

 All Mortgage Loan Originators are not the same For the vast majority of people, buying a home is the largest single transaction in their lifetime  Shouldn't you know exactly who you are dealing with in this transaction?   As of 2010 all Mortgage Loan Originators that work for a Mortgage Banker or a Mortgage Broker needed to be Licensed Both on the Federal and State level. This is the NMLS, or Nationwide Mortgage Licensing System What exactly does that mean, besides us having to write out more checks? For our Federal License we needed 20 hours class time, We needed to pass Federal Background checks, We needed to have our Credit Reports checked and we needed to pass the licensing exam. For our State License we had additional class time (varies by state), We had to pass the State Test, In... 04/19/2011

   The past few weeks have had their share of fun!  We are living in such a global environment: The flight to quality appears to be over, 2 weeks ago interest rate hikes in Europe and China sent a wave of fear in our markets withinvestors thinking the Fed would need to follow suit with rate hikes. Last weeks core inflation numbers show inflation at a very manageable level of 1.2%/yr and the market rallied on the news gaining back much of what was lost a few weeks ago, and fannies ended up 20/32nds for the week, getting pretty close to this year's lows for interest rates. This weeks calendar may be overshadowed by earnings reports, more on that below... for now, this is what we have to look for: MondayApril 18: It is a no news day and Mortgages spent the morning bouncing quite a bit, but... 04/18/2011