I REAL ESTATE I OR SALE Interest rates are rising... W. BLOOMFIELD ,WABEEK CONDO PRICE REDUCED! MAPLE AND ORCHARD LAKE AREA Spacious 5 bedroom, 3 full baths, full Formal Dining Room. Beauti- ful large lot. Family Room with Fireplace and Built-ins. Award- winning Doherty School. $299,900. I iJxurious 3-4 bed- room, 3 bath unit overlooking golf )course boasts atrium entry, open floor plan, walk-out on all levels, OPEN SUNDAY 2-5 library with wet bar Call and Ask For CATHY CONLEY or JEAN GOREN and more! $242,900. ERA RYMAL SYMES Weft, Manuel, Snyder & Ranke 851-9770 851-5500 Mortgage rates are dramatically rising and you are just about to have your window of opportunity closed. In just over one week it is time to choose the next president of the United States. What does that have to do with your mortgage... EVERYTHING. Interest rates are moving up and not even the economists know how high mortgage rates may go. Everyday that you don't refinance your mortgage, you are throwing money out the window. For almost a year you've heard "Now is the time to purchase or refinance," and you still haven't done so. If you don't act now you will miss this opportunity to save thousands of dollars. You can still lock-in today's rate and lower your monthly payment or take up to 90 days to find your new home and not worry about paying a higher rate. So let's say it once more..."Now is the time to refinance or purchase." Lock-in today's rate and don't worry about how the election may influence your mortgage rate, but don't forget to Vote! ENTS PRES and you're still waiting... Classified Information. 30 Year Fixed After you read this, take a minute and scan the other classified ads. You'll notice that when someone's reselling a Frankel home or condominium they make sure you know it. That's because our reputation for lasting value is unsurpassed. And speaking of great value, read about the six beautiful new Frankel built homes and condominiums currently available in our exclusive Woodcliff on the Lake in West Bloomfield: BREATHTAKING LAKE VIEWS • Magnificent Ranch Plan w/ Finished WO. 3 Bdrms, 2 1/2 tr,:i Baths, Great Rm & Huge Enter-1.i tainment Center. $449,500. ;11 Woodcliff on the Lake :70 Condominium 1. • 683-3502 ° ...' ".41, 4` — 1-1'• "71 683-3502 • • F p.;; . 7 Year Fixed (30 Year Amortization) *APR *Rate 7.25% 7.00% A i i r l Rock PP Financial Se d: .10 Master F II & 2 Suite. • r. Half Bat • • Woodcl Single Fam 683 3 - •-• ■ Private beach and dock. - 2-story plan w / spectacular ,-(); .1-'s Great Rm and Full Bsmt. c. 5349,500. s c•, , Woodcliff on the Lake Condominium .1 YR WONDERFUL ED LOT D. n,f,0 sarl LIFE'S A BEACH! *APR 6.23% • e 683-3502 *Rate 4.250% 683-3502 -• Overlooks 162-acre nature ,T., ry Vi ' preserve. Elegant 2-story j clan w/WO. 5362,500. Woodcliff on the Lake n, ::A z. Condominium *APR 7.77% 1 Year Arm Exquisite 4 Bdrm, 3 1/2 Bath Park Manor plan w/2 Private ;+' Suites & WO Level! Landscap- ing, Sprinklers & Designer Rxtures upgrades. 5369.900. Woodcliff on the Lake Single Family Homes S t D, c. ,.. R *Rate 750% (30 Year Amortization) *APR *Rate 6.87% 6.625% SOPHISTICATED L'.‘e, FAMILY LIVING s • s1 ,, A VIEW TO REMEMBER *APR 8.42% Year Fixed ;,7 D-• Rs- *Rate 8.125% 15 Year Fixed ;1 12 IMPRESSIVE ELEVATION 7: INt b•C Fabulous 4 Bdrm, 3 1/2 Bath !!,' Wyndam plan. Landscaping &I":: Sprinkler System completed. 5392,900. Woodcliff on the Lake Single Family Homes "3 7 . 683-3502 71,14 C • The Mortgage Bank P. F P; Southeast Michigan's Largest Independent Mortgage Bank WOODCLIFF v v On The Lake I (313) 540-8000 Spectacular Homes and Condominiums in West Bloomfield. Before you buy any new home or condominium, make sure you've seen what Michigan's award-winning builder has to offer. You'll he impressed. We'll stake our reputation on it. Pontiac Trail west of Orchard Lake Road off Mirror Lake Drive. Information Center: Noon-6 (Closed Thursday) Call 683-3502 mu 4 1BA aT VP. 4 .js TV LOU. NOURING OPPORTUNITY 30850 Telegraph Rd., Suite 100, Birmingham, MI 48025 Rock Financial is a FNMA/FHLMC Approved Lending Institution. *The quoted annual percentage rate (APR) is based on a 20% down payment or equity in your home. The 5 year or 7 year program may adjust up or down one time to the market rate after the 5 or 7 year period and then will remain fixed at the adjusted rate for the remaining 25 or 23 years of the loan. The 1 year ARM adjusts annually based on the one year treasury index plus a fixed margin. The ARM has a 2% annual cap and a 6% lifetime cap. All Rates and Annual Percentage Rates (APRs) are subject to market conditions and may change at any time without notice. CsJ CC LLJ OD an CD 139