After historic lows, mortgage rates are starting to rise. How far will they go?

… If you were hoping to take advantage of historic low mortgage rates to buy in New York City you need to get it in gear While mortgage rates are currently near … simple terms Fixedmortgages 15year and 30year conventional loans track with … Treasury notes when theyre low home loans

By Jennifer White Karp |January 22, 2021 - 4:30PM
2021 NYC real estate forecast: Buyers stretch, sellers wait, and renters hold the cards—for now

… of last year had a profound effect on New York City and its rental and sales markets A s we head into 2021 even with the … and its repercussions will continue to reshape the citys real estate In the new year renters will continue to face less …

By Jennifer White Karp |January 4, 2021 - 9:30AM
Banks can offer bigger jumbo loans in 2021—but will buyers be able to get them?

… At first glance the news that the Federal Housing Finance Agency raised loan limits for mortgages backed … 2020appears to be good for New Yorkers who rely on larger loans to buy in this expensive city On the one hand … pretty typical considering prices here it would seem that getting a bigger loan would be beneficial but there could be …

By Jennifer White Karp |December 3, 2020 - 12:30PM
Is it harder to get a jumbo loan in NYC because of coronavirus?

… … Lenders are exercising more caution these days due to economic uncertainty so … offers are king these days with many mortgage banks putting loans on pause out of concern of being unable to resell them … your finances  before you buy But its not impossible to get a jumbo loanyoull just need to cast a wider net  Jumbo …

By Alanna Schubach |June 15, 2020 - 9:30AM
Tips for getting a mortgage now that banks are tightening lending restrictions

… Borrowing money to buy an apartment or house in New York City may be cheap right now with mortgage rates at … pandemic it is much more difficult to secure a loan since banks are becoming increasingly riskaverse  In the past few …

By Emily Myers |April 20, 2020 - 9:30AM