How NYC buyers can take advantage of the summer sales slowdown

… that could be good news for buyers who are unscathed by current economic conditions The slowdownwhich is already being … East Williamsburg Bushwick and BedStuy New restaurants and cafes are following development in Brooklyn he says Even … need board approval ideal for buyers with less traditional incomes like freelancers consultants with contract work or …

By Jennifer White Karp |June 30, 2022 - 4:30PM
With both NYC rents and mortgage rates rising, does it make more sense to buy or rent in NYC now?

… it is to borrow now The average 30year fixed loan mortgage rate reached 63 percent last week after a low of 35 percent … have been since the great financial crisismany potential home buyers are being pushed into the already tight rental … However adjustable rate mortgages or ARMs are getting a second look in this economy An ARM has an interest rate

By Alanna Schubach |June 21, 2022 - 12:30PM
The pros and cons of using a mortgage broker when buying in NYC

… Getting a New York City condo or coop is such an ordeal that shellshocked buyers in need of financing are often happy to use whoever … balances of $2000000 in deposits and investment accounts could get fiveeighths of a percent off Banks are willing to …

By Jennifer White Karp |February 8, 2022 - 12:30PM