Meet RE/MAX Action Associates RE/MAX Action Associates truly are "Mobile Agents. On The Move!" ® We are here to serve you every step of the way. RE/MAX Action's state of the art Corporate Office, Home Showrooms and mobile technologies are enabling our RE/MAX Action Team to provide our client's "Above the Crowd" service in their home purchase or sale. It's no wonder RE/MAX Action is the #1 Technology RE/MAX Office in Illinois and was named the RE/MAX Northern Illinois Technology Award winner for 2003 and 2004! Consummate professionals, RE/MAX Associates on average lead agents of competing brands in advanced real estate education and production. That's why they're known as "The Real Estate Leaders®" and why no one in the world sells more real estate than RE/MAX.
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Financing Your Home >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.
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What areas are known as the 'silk stocking' districts of this famous city?
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In Central Park West, Fifth Avenue and Park Avenue in Manhattan, apartments go for $222,610 to $282,709 per room. |
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