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Gerald Lucas

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Which Direction Are Mortgage Rates Going?, Home HVAC Filter Tip, Home Sales Defy Early Forecasts & Fall

April 14, 2026 Gerald Lucas

Which Direction Are Mortgage Rates Going?

Real Estate Tip:

HVAC filters clean air entering heating and cooling systems, protecting components while removing pollutants like dust, pollen, and pet dander. Change home HVAC Filters every 30–60 days to keep your home system running efficiently.

Real Estate News:

NJ home sales are projecting a decline for the 5th consecutive month, falling by 11% in March due to elevated interest rates.

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Tags Gerald Lucas, real estate tips, real estate strategies, Iran War, mortgage rates, interest rates
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How Will The War In Iran Affect Real Estate?, Get This Before You Pay For A Roof, Mortgage Rates Climb Again-Yikes!

April 7, 2026 Gerald Lucas

How Will The War In Iran Affect Real Estate?

Real Estate Tip:

Always get at least a 5 year guarantee on a new roof before you enter into a contract for a new roof. Get the guarantee in writing before you make the final payment to the roofing company.

Real Estate News:

Mortgage rates climbed to 6.46% from 6.38%, the highest level since September of last year.

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Tags Gerald Lucas, real estate tips, real estate strategies, Iran War, real estate
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What Happens If You Default On A Non Recourse Loan?, Cash-On-Cash Return Formula For Property, How US Home Builder Confidence Has Changed?

March 31, 2026 Gerald Lucas

What Happens If You Default On A Non Recourse Loan?

Real Estate Tip:

Cash-on-cash return for a property = Cash flow before taxes($)/Cash investment($)

Real Estate News:

Confidence among US home builders went up in February although builders expressed concerns about affordability stemming from higher construction costs and labor shortages.

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Tags Gerald Lucas, real estate tips, real estate strategies, non-recourse mortgage loans, default, lender, foreclosure, insurance, personal assets, wages, fraud
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