About Billy
Meet Billy, a sharp-minded problem solver, with an impressive network of long-term relationships. Billy Fazio brings a wealth of knowledge to his current role as Branch Manager, with over twenty years of expertise in the mortgage industry. Born and raised in the bustling metropolis of New York City, Billy ventured to sunny Palm Beach, Florida and achieved his Business degree.
Beyond his professional endeavors, Billy has an appetite for the best that life can offer. Billy finds joy in the present moment, from playing tennis to hosting social gatherings and discovering the latest fine-dining experiences. His adventurous spirit extends to his love for travel, with a particular passion for yachting, favoring the freedom of open waters.
Billy’s diverse background combined with a balanced outlook for both work and play, has shaped his successful approach to leadership. Few in the mortgage business possess Billy’s
unique understanding of the true value of client relationships, making him a versatile and dedicated professional in the industry.
Licensed in AZ, CA, CO, CT, FL, IL, MD, NC, NJ, NY, TN, VA
Free guides from Billy
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.
Where to find Billy
Billy works out of our Ocean, NJ – Headquarters office. Branch NMLS #33041.
What clients say about Billy
155 client reviews
Verified client reviews via Experience.com
This my 2nd mortgage with Bill i have great experience
Everyon were profesionals and made one of the most important milestones in our lives as smooth as possible. We appreciate the professionalism, compassion and care.
As a first time home buyer there was so much I didn't know about the mortgage process. Billy, Victoria and the team at Advisors helped me through every step making sure I truly understood the process en route to our home purchase. I couldnt have asked for a better and easier experience
ev went smoothly and fast.
I was trying to secure a mortage for a good amount of time with many people not being serious in helping me through this endeavor . Then can Billy and Victoria. Without them I would have not been able to been able to aquire the mortgage I needed. They made it fast and assured me multiple times it would be all good when I was afraid of what the other mortgage companies did for me. Being Honest and diligent with your work is hard to come by now a days and I'm happy that Billy and his team have those qualities
Working with Billy and Victoria was an amazing experience from start to finish. They made the entire process feel so quick and easy, always keeping everything organized and stress-free. We truly appreciated how responsive, professional, and supportive they were every step of the way. What stood out most was how comfortable they made us feel throughout everything—it never felt overwhelming, and we always felt confident we were in good hands. We absolutely loved being able to work with them and would highly recommend them to anyone looking for a smooth and enjoyable experience!
Had a great experience with you guys , very helpful and the process was very fast
William and the team were great assisting wirh my loan! Very diligent and always available to answer any concerns!!
I was very happy with the procy of Getty our home
This is an exceptional service I received
Billy and his team were great thru the entire process they made it very simple and easy
This was my second time working with Billy and as always he was supportive, communicative and kind. Victoria and Lisa were also very pleasant and made sure to answer all of my questions and concerns. Thank you Advisors Mortgage !
Thank you for all the help. It has been a smooth process.
Great experience
Billy was incredibly helpful and a guiding light through a process we weren't knoedgeable in at all the whole process went very smooth because of that
Billy, Lisa and the rest of the Advisors Mortgage team were extremely helpful and made this process efficient, fast and so easy!
Thank you
William is an excellent communicator and was able to execute the deal fast and effective. It was a pleasure working with him.
Fazio is an excellent loan officer. He went beyond expectations to provide outstanding service.
Mr Fazio worked hard & went above & beyond
The entire process was done to perfection. Would highly recommend William Fazio to anyone interested in acquiring a loan. A+++++
William is the best!
William was so personable and as a first time home buyer he made my experience so pleasant. I really felt like he had my back throughout the entire process. Thank you William and the Movement team for making my dream come true!
Securing a loan is a very scary process. I appreciate the time, patience, guidance, and support that was given to me by William Fazio.
Billy Fazio was very focused in obtaining the mortgage I was hoping to qualify for. He took into account all my requests and worked with me every step of the way. I’m grateful for his careful attention and my ability to move into my dream home!
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
