Concerned About Rising Mortgage Rates? Borrowers Have Options

(StatePoint) While mortgage interest rates remain near historic lows, they have been slowly rising over the last year, increasing the cost of 30-year loans for borrowers. Home buyers concerned about higher rates have other options to consider: an adjustable rate mortgage (ARM), which provides an initial lower monthly payment, or a 15-year fixed rate mortgage,…

Living in Caldwell, NJ from the NY Times

Today’s NY Times Real Estate Section “ Living In” column features Caldwell, NJ.  An “appealing alternative to pricier areas nearby”, Caldwell has much to offer including  great schools, many recreation activities, low crime, diverse restaurant  offerings, a reasonable commute  and the ability to walk to it all. Located less than 20 miles from midtown Manhattan,…

New Listing – 29 Francisco Ave West Caldwell

Classic 3 bedroom brick, slate roof colonial in desirable Presidential Section. Located on a quiet street with Francisco Park on  one end and a cul-de-sac on the other. The classic center hall layout directs traffic left to the spacious living room with fireplace and built-in bookcases, right into the formal dining room, or back to…

Top Tips and Decluttering Insights for Your Next Move

Moving can be emotional and the ways you manage it – including the downsizing of your possessions – may be influenced by your age, suggests a new study. “From heirlooms to kitchen gadgets, moving is one of the few times in life when you’re forced to consider all your possessions and decide what goes and…

Interest Rates are Rising: Should You Buy a Home or Wait?

(StatePoint) With heightened talk of rising interest rates, many prospective home buyers are understandably concerned about whether it’s the right time to purchase a home. Indeed, you may be wondering if you waited too long and let the historically low interest rates pass you by or if you can still find a dream home that…

Are Common Myths Holding You Back from Buying a Home?

(StatePoint) Aspirations of home ownership is strong for America’s families, yet findings from the fifth annual America at Home survey from NeighborWorks America indicate several perceived barriers to home ownership among the majority of consumers. Findings from the survey, which consisted of 1,000 U.S. adults and 500 millennials include many misconceptions about what it takes…

How Much Home Can You Afford this Spring?

How Much Home Can You Afford this Spring? Factors to Consider (StatePoint) The chicken or the egg? Which came first continues to fuel philosophical debates. But when it comes to buying a home, experts are pretty clear about the proper order of things — agreeing you should fit your mortgage to your finances, not to…

How to Find the Right Home Mortgage So You Don’t Overpay

(StatePoint) Ample bedrooms and bathrooms? Check. A roomy kitchen? Check. A nice-sized backyard, storage space in the attic and just the right amount of curb appeal? Check, check and check. Once you’ve found your perfect home, the next step is finding the right mortgage — which can sometimes feel like you’re competing in a contact…

$10 Home in Montclair NJ, (and yes there’s a catch)

If you have ever dreamed of living in an historic home designed by  a famous architect now is your chance. The 3,900 square foot house at 44 Pleasant Ave by prominent  Montclair architect Dudley S. Van Antwerp is up for sale for $10 but of course there’s a catch. The Montclair Planning Board approved a…