About Jon Iacono
Jon Iacono brings his 21+ years of experience in the industry to Advisors Mortgage Group. Jon was born in Brooklyn, NY but has lived the majority of his life in Monmouth County, NJ. As a graduate of Monmouth University with a concentration in Management and Computer Science, Jon brings his training and education to Advisors Mortgage to help grow and manage the recruiting team.
Jon worked alongside many mortgage and real estate industry professionals previously with Mortgage Intelligence companies such as, Mortgage Market Guide, Loan Tool Box, Certified, Scripts for Success, CMPS, MBS Highway, Turning Point CRM and more. Jon gives back to his community and has been an active volunteer firefighter for the Colts Neck 84 -1 station since 2004. He enjoys staying active by playing golf, lifting weights, boxing, training Jiu Jitsu and most importantly spending time with his two kids Lily and Jonny Jr.
Refinancing Surges in September
October 13, 2025
Refinancing surged in September, marking the biggest monthly jump since 2020 as mortgage rates dipped below 6.5% for the first time in nearly a year. The Mortgage Bankers Association reported that overall mortgage application volume rose 29.7% from August and 29.6% year over year. Refinancing activity led the increase, soaring 54.2%, while purchase applications climbed 7.7%.
Falling rates spurred homeowners to act, especially those with larger loans. The average refinance loan size jumped 22.3% to $410,000, the largest monthly increase since tracking began in 2011. Purchase loan sizes also edged up 1.6% to $436,000, and the average loan amount across all types rose 9.2% to $423,000, signaling renewed momentum in the housing market.
Source : http://bit.ly/48XFZEn
