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Gerald Lucas

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Will Mortgage Interest Rates Stay High?, Always Do This Before You Make An Offer To Buy Property, NJ Housing Plan Unveiled

October 14, 2026 Gerald Lucas

Will Mortgage Interest Rates Stay High?

Real Estate Tip:

Before you make an offer to buy property, analyze as many similar properties in the same neighborhood as possible so you’ll have a solid frame of reference to make an educated purchase offer.

Real Estate News:

NJ Gov. Mikie Sherrill unveiled a comprehensive five-pillar housing plan aimed to close an estimated 350,000 home gap.

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Tags Gerald Lucas, real estate tips, real estate strategies, Fannie Mae, mortgage bankers association, mortgage interest rates, 10 year treasury yield, bond yields
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How New Rule Helps Homebuyers Qualify For A Mortgage, How To Invest In Real Estate Without Paying Taxes, Assistance For NJ Resident Homebuyers

June 9, 2026 Gerald Lucas

How New Rule Helps Homebuyers Qualify For A Mortgage

Real Estate Tip:

You can legally invest in real estate with your IRA and 401(K) and pay little or no taxes provided your IRA or retirement plan uses an approved custodian. The widespread misconception that permissible IRA investments are limited to stocks, bonds, mutual funds and CDs is the result of people and companies who are in the business of selling these products.

Real Estate News:

NJHMA's down payment assistance program provides eligible first-time NJ resident homebuyers up to $22,000 in down payment and closing costs assistance.

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Tags Gerald Lucas, real estate tips, real estate strategies, Freddie Mac, Fannie Mae, Desktop Underwriter, FHFA
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3 Ways To Lower Mortgage Payments, Simple Tip For Estimating A Property's Operating Expenses, US Condo Prices Post Biggest Decline In Over A Decade

January 13, 2026 Gerald Lucas

3 Ways To Lower Mortgage Payments

Real Estate Tip:

One way to estimate the operating expenses of a previously owned property is to call the local utility companies and ask for historical gas, electrical and water usage info.

Real Estate News:

Prices for US condominiums posted their biggest annual decline since 2012 in 2025.

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Tags Gerald Lucas, real estate tips, real estate strategies, PMI, private mortgage insurance, mortgage payments, homeowner's insurance, property taxes, Fannie Mae, Freddie Mac
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