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Flush times for NY state’s suburban mortgage lenders

Tight inventory, not rising interest rates, poses the biggest risk

From left: Drew Kessler, Bob Donovan and Ray Rodriguez
From left: Drew Kessler, Bob Donovan and Ray Rodriguez

From the Westchester market report: Manhattan couples seeking a quieter lifestyle and room to grow are keeping the Westchester housing market humming along — and generating big business for the mortgage lenders.

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Whether it’s towns nearest the city like Larchmont and Bronxville, or those farther out on the train line like Chappaqua and Scarsdale, the region continues to benefit from the flight of relatively affluent families getting priced out of Manhattan. [more]

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