Latest News

Rates inch up, mortgage applications recede

Jun 13, 2018
The recent drop in interest rates appears to be short-lived. Mortgage rates inched higher last week, prompting loan demand to soften.

Total mortgage application volume, which includes home purchases and refinancings, dropped 1.5 percent last week compared to the previous week on a seasonally adjusted basis, the Mortgage Bankers Association reported Wednesday. Applications are now 15.4 percent lower than a year ago. 

Learn more.
Featured Content

February 2019 Housing Market

In February, the New York State housing market saw 7,080 closed sales, a median sales price up 9.8% from February last year to $280,000 and an average of 85 days on the market. Click here to read more.