The Real Deal New York

Mortgage rates rise as investors stop buying bonds … and more

December 09, 2010 05:01PM

1. Mortgage rates rise as investors stop buying bonds: Freddie [Inman]
City council passes legislation banning use of sidewalk ATMs [Bowery Boogie] 

3. 24 new IHOPs coming to NYC, including flagship in Times Square [Eater] 

4. City sues to shut down Bronx crackhouse at Hunts Point [NYDN]
5. Where are America’s most stable housing markets? [Forbes] 

6. Majority of senior citizens were satisfied with reverse mortgage results: survey [National Mortgage News]
7. High concentration of buildings on UES causes smoky air emissions [DNAinfo]
8. Exelon to shut down Oyster Creek, nation’s oldest nuclear plant, in NJ [CBS]
9. Freddie begins layoffs as Fed continues to work on recommendations to revamp housing finance system [National Mortgage News]

10. Seaport Flowers in Brooklyn Heights
expands offerings to home decor, after moving to Space Off Atlantic Avenue [NYT]
11. Hudson Realty now the proud owner of $102 million worth of non-performing commercial loans [Crain’s]

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