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

… factor into your calculations including mortgage payments and carrying costs  as well as your longterm life plans  our … over the past six months according to Fortune With mortgage rates rising sharply and mortgage lenders credit standards … home buyers are being pushed into the already tight rental market keeping rents high says Jonathan …

By Alanna Schubach |June 21, 2022 - 12:30PM
Rattled by rising mortgage rates? Here are 3 ways NYC buyers can offset the cost of a pricier loan

… If youre trying to buy a place in New York City youre likely getting … which make getting a loan much more expensive this year compared to last and reduce what you can afford to buy … bad rap with rates that adjust every month are not the same loans being offered todaythese days there are more …

By Jennifer White Karp |May 17, 2022 - 4:00PM
10 first-time buyer grants, loans, and programs available to New Yorkers

… tightened their lending practices during the pandemic and mortgage rates are expected to rise this year All of these … on to find out about resources to help you buy a place in NYC for the first time … 1 HPDs HomeFirst … If you have a … may be eligible for help from the HomeFirst Down Payment Assistance Program This provides eligible New Yorkers with …

By Emily Myers |February 28, 2022 - 9:30AM
What you need to know about financing a pied-à-terre in NYC

… When you buy a second home or piedàterre in New York City and want to get financing you will need to … whether you are trying to game the system and disguise an investment purchase in order to save some cash So whats … home rate according to this report An investment property loan rate can be half to threequarters of a percent higher …

By Jennifer White Karp |November 8, 2021 - 4:30PM