Banks want buyers to fork over larger down payments. Here are some workarounds

… New York City buyers who planned on setting aside a down payment of 20 percent may in for a bit of shock Banks are  requiring higher down payments in order to get to … lend  70 percent of the sale price for jumbo loans forcing NYC buyers to up their down payments by an additional 10 …

By Emily Myers |November 12, 2020 - 9:30AM
The most affordable neighborhoods in NYC: A buyer's guide for 2020

… figuring out how to make it work financiallybecause apartments and houses are so painfully expensive here There … is diverse and divided by geography grand coops on leafy hillside streetssome with Hudson River viewsare priced at 50 … up the other 12 percent  Runnersup  Briarwood $279000 Kew Gardens $309270 … The Bronx … Median sales price $300000 up …

By Mimi OConnor |August 14, 2020 - 9:30AM