With both NYC rents and mortgage rates rising, does it make more sense to buy or rent in NYC now?

… shocked by how much more expensive it is to borrow now The average 30year fixed loan mortgage rate reached 63 percent … of 35 percent in January In pricey areas including New York City the typical new mortgage payment has spiked 52 percent … that you can refinance any time For more intel see 3 ways NYC buyers can offset the cost of a pricier loan Looking at …

By Alanna Schubach |June 21, 2022 - 12:30PM