Shawna Brundidge Real Estate Agent

05/14/2025

06/26/2023

Why It's a Mistake To Wait Out the Current Mortgage Rates
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06/25/2023

Mortgage Rates Continue to Rise in the U.S.
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Freddie Mac's Primary Mortgage Market Survey shows that the 30-year fixed-rate mortgage rate has increased to 6.79% and the 15-year fixed-rate mortgage rate has increased to 6.18% as of June 1, 2023. This is due to the current buoyant economy and the likelihood of a Federal Reserve rate hike. Sign u...

06/24/2023

What are today's home equity loan and HELOC interest rates?
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Using home equity to fund a large expense such as a home renovation or a new car is a cost-effective way to do so. Home equity loans and home equity lines of credit (HELOCs) offer rates considerably lower than other financing options, such as credit cards and personal loans, allowing you to save tho...

06/23/2023

Affordable housing remains out of reach for low-income New Jerseyans, report says
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According to the National Low Income Housing Coalition's annual "Out of Reach" report, a New Jersey resident making the minimum wage would have to work 95 hours a week to afford a modest two-bedroom rental home. The report says the fair market rent for a two-bedroom apartment in New Jersey is now $1...

06/22/2023

Nj’s Tax Collections: Decline in Major Taxes

06/21/2023

House Down Payments are Cheaper Than Ever, But You Pay the ...
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For decades, the recommended down payment on a house has been 20%, however due to rising home prices, the average down payment in 2022 was just 6%. Recently, two major lenders have started offering some customers mortgages with only 1% down payments, to help those struggling to buy a home. However,....

06/20/2023

Ask Me Anything!
Have questions about real estate but not sure where to start?

Have questions about real estate but not sure where to start?

06/19/2023

Second-Time Home Buyer: What to Consider

06/18/2023

Discover Home Equity Loans
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Discover is a great option for those looking to take out a home equity loan, offering low fees and easy online application process. They don't charge loan origination fees, appraisal fees or other costs at closing, however, they may charge a $500 prepayment penalty in some states. They offer conveni...