Saturday, August 4, 2012

Moving to Maplewood: Mortgage Rates, a Great Time to Buy

It's hard to believe that in the past year, mortgage rates have dropped almost a full point, especially when experts had originally predicted they would go up a point, not down as they did.

What does a 1% difference in rate mean to you? If you are were to buy a $500,000 home in Maplewood with about $15,000 in taxes, you would pay about $3,893 per month for Principle, Interest, Taxes and Insurance +PMI if you have a mortgage at 4.66%.

However, at today's rates, currently trending about a full point lower at 3.66%, your monthly PITI will be $3,631, as savings of about $260.00 per month and, over the time of your 30 year mortgage, a $50,000 difference in total paid.

If you don't believe me, or if you want to play around with numbers that correspond to your own specific needs, please feel free to go to my website: www.goodhomesforgoodpeople.com and use my mortgage calculator, or click HERE and click on the MORTGAGE TAB.

Mark Slade Keller Williams 917.797.5059 Good Homes

Selling a Maplewood/South Orange/Millburn/Short Hills area home involves many steps and having an experienced Maplewood New Jersey Real Estate Agent and Realtor®, specializing in the Bedroom Communities of New York City in Essex/Union County— Millburn, Short Hills, Montclair, West Orange, South Orange, Livingston, Maplewood, Springfield, Summit, Madison, Chatham, Scotch Plains, Fanwood, Cranford and Westfield--by your side will make the transaction run a lot smoother. I would love to be your Maplewood/South Orange New Jersey Area Real Estate Professional! I assist both buyers and sellers in the Bedroom Communities of New York City, mostly served by NJ Transit’s Mid-Town Direct Train Lines, offering commutes of 45minute or less to NY Penn Station, with either the purchase and or sale of residential real estate.

As an Accredited Buyer’s Agent (pending), I have received special training to guide and educate you through the entire home buying process. From start to finish, I listen to your needs and desires in what you would like and take the information you give me to find you home. My GO-TO team can provide you the best in Real Estate advice with regard to attorney choices, Home Inspectors and Mortgage Loan Officers

As your Maplewood/South Orange/Millburn/Short Hills/Essex/Union County New Jersey listing agent I am well versed on as your local expert in all things in the Maplewood and South Orange area Real Estate Market. You can expect personalized service that includes a detailed consultation on how to best position your Mid-Town Direct home to be competitive in today’s market with training to provide my clients with an in-depth Advanced Comparative Market analysis, and advice on staging. As my office’s technology officer as well as both a Zillow Platinum Premier and Trulia Premier agent, I use the latest and most up-to-date marketing methods to get your home in front of as many buyers as possible. Being your New Jersey Real Estate Agent and Realtor ® not only involves just finding the home or selling the home, but being your guide, negotiator, advisor and advocate and making sure that your needs and goals are met. Being your New Jersey Essex/Union County area Realtor® (with a little bit of Morris Cty thrown in for good measure) is one of my truest passions, and “Helping You Find Your Dream Home” is my number one priority.

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