mortgage interest rates: Is It a Buy Now Scenario for Home Buyers! - 07/13/10 05:47 AM
When thinking of buying real estate, which market would you rather be in? A Buyer's market or a Seller's market? Not too difficult to figure is it?
When looking to buy a home in a seller's market, a home buyer may experience a shortage of available homes to look at, may have to compete with other buyers interested in the same home and may be in situations where there are multiple contract offers from home buyers interested in the same home resulting in bidding wars among buyers and higher sale prices. In a market such as that, buyer demand exceeds available home … (6 comments)

mortgage interest rates: Mortgage Interest Rales Below 5 % - 03/15/09 06:44 AM
Great News For Home Buyers and Home Sellers! Mortgage Interest Rates Are Below 5 %.
Consider the benefits. A lower interest rate will reduce the monthly payment for a mortgage loan or provide the ability to finance more in a home purchase and have the same monthly mortgage payment. An example: using a $300,000 mortgage (calculations are estimates only)   * 5% interest rate equals a mortgage payment (principal and interest) of $1,610   * 4.75% interest rate equals a mortgage payment (principal and interest) of $1,564This is a is monthly savings of $46.00.
A home buyer now has the benefit of $46.00 … (1 comments)

mortgage interest rates: Mortgage Interest Rates Drop to Record Levels - 12/19/08 04:02 PM
Now is the Time to Think About Saving Money!

Mortgage Interest Rates continue to fall! As reported yesterday by Freddie Mac , "the average rate on 30 year fixed mortgages dropped to 5.19% from the year's previous low of 5.47%".
And that is the average rate for mortgages across the Country. I have already saw interest rate quotes below 5%, but I need to confirm that. Selling real estate for 37 years now, seeing mortgage interest rates for a 30 year fixed mortage at or around 5% is a rarity, an almost once in a lifetime type of event! Interest … (0 comments)

David  Fialk (Choice Realty Co.)

David Fialk

Iselin, NJ

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Choice Realty Co.

Address: 1144 Green St., Iselin, NJ, 08830

Office: 732-283-2100

Mobile: 908-715-5927

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