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Buyer's Tip - #3

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Stable Monthly Housing Costs

When you rent a place to live, you can certainly expect your rent to increase each year – or even more often. If you get a fixed rate mortgage when you buy a home, you have the same monthly payment amount for thirty years. Even if you get an adjustable rate mortgage, your payment will stay within a certain range for the entire life of the mortgage – and interest rates aren’t as volatile now as they were in the late seventies and early eighties.

Imagine how much rent might be ten, fifteen, or even thirty years from now? Which makes more sense?

 


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Great Jersey Shore Townships in Monmouth County and Ocean County include: Bay Head, Beach Haven, Seaside Heights, Point Pleasant, Point Pleasant Beach, Ocean Beach, Brick Township, Pine Beach, Seaside Park, Surf City, Atlantic Highlands, Fair Haven, Oceanport, Holmdel, Little Silver, Middletown, Monmouth Beach, Rumson, Lakewood, Manasquan, Toms River, Long Beach, Sea Grit, Sea Bright, Union Beach, Spring Lake, Ocean Grove, Belmar, and Allenhurst. Unlike those larger "mega' sites, we focus all our efforts specifically on New Jersey Real Estate, New Jersey Shore MLS listings, New Jersey Shore MLS search, New Jersey Real Estate Agent, Point Pleasant New Jersey Real Estate, Jersey Shore Real Estate, Jersey Shore Homes for Sale, Seaside Heights New Jersey Real Estate, and Bay Head New Jersey Real Estate.

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