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Mortgage rates near 2016 lows again

Aug 08, 2016
After climbing for the last three consecutive weeks, mortgage rates reversed course this week, falling back near the lowest averages of the year. Mortgage rates had moved up 7 basis points over the past three weeks. However, most of those gains were erased this week, as the 30-year fixed-rate mortgage fell 5 basis points to 3.43 percent, according to Freddie Mac. 
Click here to read the entire Freddie Mac press release.
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Empire State housing market stays hot in January

New York State home sales remained strong to start the new year with 8,698 closed sales, falling just shy of the 2017 record for January, according to the annual housing market report released by the New York State Association of REALTORS. The January statewide median sales price of $266,000 represented an increase of 8.4 percent from a year ago. Click here to read more.