About Jerry
I have been in the mortgage industry for 30 years and I still love it to this day, because each situation is unique. I enjoy the challenge of figuring out ways to solve each different loan scenario to ensure my customers experience a seamless and stress-free loan process. Volunteering in my local community, watching all types of professional sports, skiing, and playing scrabble and backgammon are just a few of the ways I spend my free time.
Licensed in FL, NJ, PA
Free guides from Jerry
First-Time Buyer Guide
Why own, the 7-step path, the document checklist and the do’s and don’ts — read it here, no download.
Home Buyer Guide
Programs, paperwork and pitfalls — the full buying playbook.
Home Seller Guide
Selling and buying at the same time? Start here.
Where to find Jerry
Jerry works out of our Linwood, NJ office. Branch NMLS #1663364.
What clients say about Jerry
115 client reviews
Verified client reviews via Experience.com
Jerry treats you like family
Star rating
It was a pleasure working with Jerry on a recent buyer transaction. He was professional, responsive, and communicated well throughout the entire process. There were several moving pieces with this transaction, and Jerry did a great job keeping everyone informed and helping us get to the closing table. I look forward to working together again and would definitely recommend him to buyers looking for a knowledgeable and dependable lender.
Streamlined process. Knowledgeable staff.
Jerry has been on top of every single aspect of our deal. He answers fast, very informative, and gave my clients the best possible experience. My clients shopped around many lenders but after working with Jerry it’s clear and apparent why we chose Jerry and will absolutely do business with him again,
Jerry Kanefsky and the team at Advisors Mortgage Group were very professional from the start throughout the entire process.
overall easy
Could not be happier with the service Jerry provided.
Advisors Mortgage did a great job in a timely manner. Thank you
No thanks.......
Overall experience was great.
Everyone was knowledgeable and helpful. Any questions were answered quickly and communication was excellent.
Jerry and Valerie helped make everything go smoothly. They are extremely talented and their knowledge and support was excellent.
Jerry knows what he is doing
Everything
Super easy and very helpful
As the first time homebuyer. I realize this how stressful this process is. However, Jerry, Valerie, Christina truly helped me through this process. I am 100% disabled disabled.dd disabled.
It was a great experience working with Jerry and his team.
Entire process was easy and was guided through the whole thing highly recommended!
I have worked with Jerry Kanefsky for many years when looking for homes. I found another investment property that had some difficulty getting but Jerry and his team got the deal for me. i appreciate them working hard to make it happen!
The team from Advisors worked with me through every step. They were informative, helpfull, attentive and patient. Jerry Kanefsky, Ginny Pyle and Valerie Molnar made my process easier and pleasant. They were there to support me every step of the way. Thank you for all you did for me and helping me become a homeowner.
Jerry went above and beyond. It didn’t matter what time of day it was, he always answered the phone and got back to us right away with answers to our questions. Would highly recommend.
Jerry made the process smooth and easy. His communication was amazing and his willingness to educate us along the way made all the difference. Thank you, Jerry!
Jerry was very helpful at explaining the whole process to us. He was there for us whenever we had a question no matter the day or time he always answered the phone!
5 Star Rating⭐️⭐️⭐️⭐️⭐️
Latest market updates
The latest PCE inflation report came in cooler than expected, giving both stocks and bonds a boost. Headline inflation rose just 0.3% for the month, while the year-over-year rate fell from 3.7% to 3.4%, better than forecasts. Core inflation, which excludes food and energy, increased only 0.2% and declined from 3.3% to 3.0% annually.
The softer inflation data could reduce pressure on the Federal Reserve to raise rates immediately. New York Fed President John Williams indicated there is no urgency to act following September’s rate hike, although he still expects another increase may be needed later this year.
One area of concern is consumer finances. The savings rate dropped from 4.6% to 4.1%, its lowest level in four years, suggesting consumers continue to spend while saving less.
The inflation report was encouraging for financial markets and showed meaningful progress toward lower inflation, which could help ease some of the upward pressure on interest rates if the trend continues.
Source: MBS Highway
The housing market is shifting in buyers’ favor as more homes become available and competition eases. Redfin reported that,“Sellers outnumbered buyers by 58% in August, the biggest gap in Redfin’s records, driven by a surge in listings and stagnant demand”.
This is the widest gap since Redfin began tracking in 2013. Also interesting is that housing supply reached its highest level in more than a decade, giving buyers more choices and negotiating power.
Affordability remains a challenge, with mortgage rates around 7% and the median existing-home price rising 1.6% year over year. Pending sales and mortgage applications have declined, as high costs and economic uncertainty keep some buyers on the sidelines. Many homeowners are also hesitant to trade their existing low mortgage rates for higher ones.
In some markets, homes are taking longer to sell, prompting sellers to adjust prices and increase marketing efforts. Buyers with substantial cash or home equity are especially well positioned, although the overall sales pace through August remained largely unchanged from last year.
For buyers who are financially ready, greater selection and less competition offer an encouraging opportunity to find a home that fits their needs and budget.
The Federal Reserve raised its benchmark interest rate by 0.25 percentage points, bringing the target range to 3.75%–4.00%. The Fed made the move because they feel that inflation remains elevated, while consumer spending, business investment and the labor market continue to show resilience. Higher rates are intended to slow demand and help return inflation to the Fed’s 2% goal.
Although the Fed does not directly set mortgage rates, its decisions influence the bond market and investors’ inflation expectations. When the Fed hikes rates it can be seen as deflationary since it makes borrowing money more expensive and slows down the movement of money. Bond investors’ arch enemy is inflation so a push from the Fed to fight inflation can garner more attention from investors to purchase more bonds which would help mortgage rates decrease. However, the comments following the policy change put pressure on the bond market since Fed Chair Warsh’s comments were seen as “thin” and he also mentioned inflation is still hanging around.
If inflation cools and the Fed wins the trust of the markets by continuing to fight inflation, we could see rates have a chance to improve, but if the opposite occurs rates could continue their trend and increase more. Oil is also a large factor and if we can get it to drop in price it could also assist mortgage rates to improve.
Source : Federal Reserve
