U.S. Treasury Dropping Interest Rates Soon - 12/07/08 06:44 AM
Recent moves by the Treasury and Federal Reserve to buy mortgage-backed securities have prompted a dramatic decrease in mortgage rates. Recent reports indicate the Treasury is targeting 4.5% on a 30-year fixed rate mortgage!
 
This is being initiated to encourage the purchasing of homes and to decrease the inventory of homes for sale. This is good for both homebuyers and homesellers. If you are interested in purchasing a new home, or selling your current home, that will be the time to move. … (0 comments)

 
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Carmela Pereira

Sales Associate

Denville, NJ

More about me…

Coldwell Banker Residential Brokerage

Address: 789 Clifton Ave., Clifton, NJ, 07013

Office Phone: (973) 778-4500

Cell Phone: (973) 580-1991

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Welcome to my blog. As an agent of Coldwell Banker, I focus on helping buyers and sellers who are interested in buying or selling homes in Denville, Mountain Lakes, Boonton, Rockaway and the surrounding area. I specialize in local townhome communities such as Berkshire Hills Condo and Townhomes in Denville, Spruce Edge Towhomes in Mountain Lakes, Hunting Ridge in Parsippany, and single-family homes in Denville, Mountain Lakes, Boonton and Rockaway. I also assist sellers who need an experienced agent who can help them with a short sale of their home, or investors who are looking to buy investment properties.


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