The days of record-low mortgage rates are over. Driven up by inflation and global conflict, the 30-year fixed average hit a high not seen since May 2019. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average jumped to 4.16% with an average 0.8 point. (A point is a fee paid […more]
Lakers assistant coach David Fizdale picked up a place in Miami Beach, paying $1.725 million for a high-rise condo overlooking the ocean.
The average rate for a benchmark 30-year mortgage jumped 31 basis points (0.31 percentage points) over the past week to 4.16 percent, which is 35 percent (107 basis points) higher than at the same time last year, nearly 60 percent higher than in January of last year and the highest average rate since April of […more]
As the Federal Reserve raised short-term rates for the first time in years, mortgage rates climbed 31 basis points to 4.16%, according to data from Freddie Mac‘s PMMS survey. “The 30-year fixed-rate mortgage exceeded four percent for the first time since May of 2019,” said Sam Khater, Freddie Mac’s chief economist. “The Federal Reserve raising […more]
The renovation of this 22 by 38 foot row house didn’t start out as a gut, but it soon became one. The previous owners “had been there for decades but hadn’t addressed structural issues,” said architect Joshua Keay of Dumbo-based Eponymous Architecture, which carried out a sweeping overhaul of the… Read More > The post […more]
While he’s on the lookout for a new team, free agent Carlos Correa has thrown his Houston home on the market for $1,599,000.
Despite February typically marking the start of the spring home buying season, mortgage application volume to purchase a new home in the U.S. actually ticked down 1 percent in the absolute and was down 3.9 percent on a year-over-year basis, despite last February having been depressed by the pandemic, according to the Mortgage Bankers Association. […more]
Photo credit: DDReps/Shannon Dupre This stunning free-standing townhouse at 19 Wolcott Street in Red Hook is a well-executed combination of sustainable construction and beautiful modern design. Innovative materials and an architect’s eye are the backdrop for 21st-century living, with enviable features that include a spacious raised deck, an outdoor garden, and a fully enclosed garage with an electrical panel ready to install a charger. […more]
Two years ago, as schools, stores, offices, and community spaces closed their doors indefinitely, thousands of Brooklynites found themselves suddenly thrust into dire straits. Many were left without a source of income — permanently laid off or told their shifts were canceled until further notice. Caretakers scrambled to find a safe… Read More > The […more]
In the News Warehouses Transform NYC Neighborhoods as E-Commerce Booms [NYT] Brooklyn College to Host Online Discussion on Ukraine [Eagle] ‘Brooklyn Is Africa’ Exhibit at Brooklyn Borough Hall Through March 21 [BP] New Clinton Hill Sex Shop Arouses Neighborhood Debate [BK Reader] Williamsburg Store Starts Petition to Stop a Billboard [Greenpointers] Local Veterans Push Back […more]