Fed leaves interest rates under 1.75 percent following May meeting
The Federal Reserve offered no surprises this month. The country’s central bank held target interest rates steady at between...
U.S. Mortgage Rates
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New York
Buying a luxury home is getting pricier thanks to mortgage rate increases
Incremental increases in mortgage rates are adding hundreds of dollars in monthly costs for homebuyers, particularly high-end homebuyers. The...
US home sales remain strong, but lack of supply has slowed its roll
The nation’s housing market stayed strong last month, with the only thing holding back sales being a lack of...
Lenders who prey on veterans hurt other home buyers as well
Could predatory lending practices affecting veterans also be inflating interest rates paid by thousands of unsuspecting home buyers using...
US mortgage rate drop could cause spike in home sales
From TRD New York: U.S. mortgage rates fell below 4 percent last week, which may encourage a rush of...
New political reality could shake up nation’s mortgage market
From the New York website: Potential changes to banking regulations and rising interest rates under a Trump presidency could...
US mortgage rates hit record low
From the New York site: The average interest rate on 30-year fixed-rate mortgages in the U.S. hit 3.36 percent Friday, matching the lowest level ever recorded. ...
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