Pascack Valley Real Estate, Hillsdale real estate NJ, Woodcliff Lake real estate and River Vale Real Estate, home listings and homes for sale in New Jersey - Susan Laskin, REALTOR® Susan Laskin REALTOR(r) Pascack Valley, New Jersey real estate - NUMBER1EXPERT™ Susan Laskin NUMBER1EXPERT(tm) Pascack Valley NJ, New Jersey real estate
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Real Estate Tips: Hillsdale, Woodcliff Lake and River Vale  New Jersey home buying, real estate listings, and homes for sale in Bergen County, NJ
Welcome > Resources > Tips > Interest Rates > Hybrids Offer Low Rates ...


Hybrids Offer Low Rates

In the field of home financing, "hybrid" mortgages have grown in popularity with homebuyers. With interest rates gradually rising in today's market, the hybrid mortgage product saves money, provides a period of fixed-rate security and helps buyers qualify for financing.

Hybrid mortgage loans offer a very low fixed-rate for a period of time, usually from 5 to 7 years, then revert to an adjustable rate mortgage (ARM) for the remainder of the term of the loan. The interest rate is typically lower than with a 30-year fixed-rate loan, and the borrower has the assurance that the rate will not change for a period of years. Such a loan works well for buyers who plan on reselling the home within a finite period.

Other specialty mortgages now available include an ARM loan with a provision allowing it to be converted to a fixed-rate loan when that is a practical step for the borrower. Still others offer an interest-only loan that requires payments to be made on the interest only for a specified number of years, then reverts to an amortized loan with interest and principal payments each month. Consult with an experienced mortgage professional to determine whether one of these loan products will meet your needs.



Do These Real Estate Tips Really Apply to YOU? 

I've learned these tips through years of experience as a top REALTOR®. But I know that YOUR situation might be different. That's why I'm here. 

It's my job to personally advise homebuyers and sellers. Ask me if any tip that I've included here really applies to your situation. 

Do any of these tips raise questions for you? Didn't find what you're looking for? Let me know! I am happy to answer ANY questions. It's my job! There's no obligation, and I promise to get back to you quickly... 

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Susan Laskin, Sales Associate
#1 Realtor CB Pascack Valley Office 2005-2009!

Coldwell Banker Residential Brokerage
50 Broadway
Hillsdale, NJ 07642
Office: 201-930-8820 ext. 117
Cell: 201-615-5353 (call first)
Fax: 201-664-1925
Direct: 201-930-3051(voice mail)
e mail: susanlaskin@optonline.net

Coldwell Banker congratulates Susan Laskin on being the #1 Sales Associate in the #1 Office in the Pascack Valley for '05, '06,'07, 08,'09 & '10 YTD! Susan Laskin, Bergen County Realtor, is in the Top 1% of Coldwell Banker Agents Internationally, and has been named to the Prestigious Coldwell Banker President's Council. Susan Laskin is in the top 1% of 4,000 Coldwell Banker Agents in New Jersey and Rockland County for '06, '07,'08, 09, & '10 YTD,with sales for 2005- 2010 in excess of $150,000,000, and is one of the premier real estate agents in the Bergen County, New Jersey area. She takes a unique and very successful approach to selling real estate –one of high tech marketing, high-brow creative thinking, and a high energy level, in conjunction with a personal and individualized touch. If you are looking for Incredible Advice and a Proven Track Record, call Susan. Her Clients Goals are Her #1 Priority!

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