StreetNoise

Mortgage rates hit 6 percent, an 'insane' $12,000 rental, & more

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By Austin Havens-Bowen  |
June 15, 2022 - 10:30AM

The average 30-year fixed mortgage rate hit the 6 percent range after historic lows during the pandemic (The Real Deal)

New York City's $101 billion budget includes $2.4 billion for homeless services in the next fiscal year (City Limits)

An apartment hunter's TikTok of a $12,000-a-month, two-bedroom rental in the East Village goes viral (New York Post)

An 1870 three-bedroom carriage house asking $5.5 million tops Brooklyn's luxury market (The Real Deal)

Furniture flipping is the latest response to supply chain issues (The New York Times)

A North Carolina-based exterminator will pay you $2,000 to unleash 100 cockroaches in your house (The Cut)

 

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Austin Havens-Bowen

Staff Writer

Staff writer Austin Havens-Bowen covers the rental market and answers renters' questions in a column called Realty Bites. He previously reported on local news for the Queens Ledger and The Hunts Point Express in the Bronx. He graduated from Hunter College with a BA in media studies. He rents a one-bedroom apartment in Astoria with his boyfriend and their two cats.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

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