A blog for The Bedroom Communities of New York City: Maplewood, South Orange, Millburn/Short Hills and Montclair, etc. for Area Residents, for future residents and for home buyers and sellers in New Jersey. Provides information on housing trends, tips for sellers and buyers, mortgage information events and happenings around town and the regional area. Local contributions are welcomed!
Michele Lerner, author of Homebuying: Tough Times, First Time, Any Time, says:
▪ Mortgage rates will stay low. Even with rates climbing — maybe to as high as 6 percent by 2012 — they are still well below where they have been historically.
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