According to Freddie Mac Primary Mortgage Market Survey

According to Freddie Mac Primary Mortgage Market Survey" Yes, rates are higher than they were a year ago – and certainly higher than two years ago. But if you look at the averages over the last four decades, today's rates remain historically low." "The same home you considered buying a year ago with a $200,000 mortgage would now cost about $90 more in interest payments per month, or about $1,080 per year, given the rise in mortgage rates since last year."  Let's put it into perspective, Rates are still historically low, and they do not for see them dropping in the near future.  If you are thinking of buying or selling your home, this chart shows why now is a good time! You may be
thinking How Much is My House Worth? Because your home may well be your
largest asset, selling it is probably one of the most important decisions you
will make in your life. To better understand the home selling process, a guide
has been prepared from current industry insider reports. Through these 27 tips
you will discover how to protect and capitalize on your most important investment, reduce stress, be in control of your situation, and make the most
profit possible.  Please feel free to contact me for a copy of this
guide, GeriErtle@gmail.com or call 631-379-8157 ask for a FREE Market Analysis of your home and
how I can Market your home on the MLS for as low as 2%.
How much can I afford to buy a House?  Depending on whom you ask, you may get different answers.  There are many sites on the internet with
mortgage calculators, and this can give you a rough estimate. How much you
can afford is unique for everyone, and is based on your income, savings, credit
history, and location.  I always advise my clients to speak to a reputable mortgage broker, they will go over the proper steps of obtaining a mortgage and give you a preapproval letter for the amount of mortgage you qualify for.  This gives you the knowledge of what you can afford, and you will be prepared to start your home search and the power to make an offer.
If you in the market for a new home, contact me.  I have a computerized buyer profile house hunting service.  If I know the areas where you are looking and the specific criteria that are important to you,  then I can set you up to receive daily emails of all the homes that meet your criteria. 

Providing an Exceptional Level of Professional Real Estate Services to Buyers and Sellers
Ask me about my Full Service Marketing for as low as 2% Commission, call for details!


Geri DeRosa Ertle, Licensed Associate Real Estate Broker

Three Village Resident

Over 15 Years Experience

Member of the New York State Association of Realtors (NYSAR), Long Island Board of Realtors (LIBOR) National Association of Realtors (NAR) Multiple Listing Service (MLS)