(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,…
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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…
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…
7 Steps to Take Before You Buy a Home
7 Steps to Take Before You Buy a Home By doing your homework before you buy, you’ll feel more content about your new home. Read Visit houselogic.com for more articles like this. Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®
West Essex Real Estate 