Now Is The Time


  • Rates have been dropping since the first quarter of 2017. Analysts predicted 30-year fixed rates in the mid-4s, yet rates in the high-3s have prevailed. (Source:
  • Purchasing a house at 250,000 using a FHA loan with 3.5% down at 4.16% interest rate, would have a monthly payment of $1,157. With a 5.25% Interest rate, that payment increases to $1,380. (Amounts do not include taxes, insurance, or PMI. Source
  • Mortgage rates will rise - Though at historic lows, there are factors that play into current rates, such as support from the Federal Reserve and moderate economic growth. These may not hang around for long. (


  • New Jersey home values have gone up 4.5% over the past year and Zillow predicts they will rise 2.5% within the next year. The median list price per square foot in New Jersey is $174. The median price of homes currently listed in New Jersey is $299,000 while the median price of homes that sold is $269,371.(Source:

  • Home prices are increasing - With Sellers markets forming in many areas around the country, homebuyers should act now before prices rise even more. (


Rising Rents – With rents rising at around 3% growth each year, taking advantage of affordable homes right now can benefit you in the long run.