Category: News Transcript Business

Mortgage rates have been at historic lows for nearly a year. While they are going up, they should still remain at what was historic lows prior to the most recent rates, says Ann Marie Burke, president of Amity Mortgage. The HARP refinance still offers mortgages at low rates, expanded approvals, and the opportunity for homeowners…

Orange Key Realty opened as a new company in 2007. The company has grown to be an award-winning office in a relatively short period of time. Broker/owners Ofir Hillel and Mike Matthews’ vision was to partner with and guide their customers with the personal service they deserve through the entire buying/selling process. One of the…

Some banks are loosening their mortgage standards, and more bankers are expecting less stringent rules soon I n recent years, it’s been tough for many Americans to qualify for a mortgage loan. Now, there are signs that standards are gradually loosening. The Federal Reserve’s newest survey of senior loan officers shows that almost 10 percent…

The blues-rock guitar riffs of “Conundrum” floated through the evening air and guests enjoyed shared picnic dishes and food from the grill at The Pointe at Turnbury’s recent Memorial Day weekend barbecue. The annual event is a community tradition, organized by The Pointe at Turnbury’s active Social Committee. It celebrates the national holiday, the opening…

Debra Brus has joined the staff of Neuhaus Realty, 51 E. Main St., Holmdel. Brus is experienced in all aspects of the field, having listed and sold homes in Monmouth, Ocean, Middlesex and Mercer counties since 1986. Her business philosophy is dedicated to providing the best possible professional service in the real estate industry. To…

What it means to be a renter in New Jersey will soon change forever. A joint venture of two of the state’s most respected development companies, Sterling Properties and AST Development, will host the highly anticipated grand opening of Verdana Howell, the region’s newest luxury apartment community. On June 22 and 23, Sterling and AST…

Jack Waters, regional vice president of Weichert, Realtors, announced that the Marlboro office was recognized for outstanding performance in May. The office led the region, which is comprised of offices throughout Middlesex, Monmouth and Ocean counties, in resale dollar volume. Visit Weichert’s Marlboro office at 455 Route 9 south in Manalapan, or reach them by…

Outdoor retailer L.L. Bean has announced the expansion of its retail presence into the Freehold market. The new 25,000- square-foot store is scheduled to open in mid-September and will be located in the space previously occupied by the Borders bookstore in the Freehold Raceway Mall, Freehold Township. According to a press release, the store will…

Gus’s Diner, Route 33, Manalapan, will celebrate its grand reopening at 8 a.m. June 8 with a ribbon cutting ceremony. Owners Bessie and Chris Arvanitis were remodeling and expanding the diner earlier this year when a fire broke out, damaging the restaurant. Since that time the couple, who have owned the diner for six years,…