Mortgage Application Payments Increased Nearly 30% Last Week as Rates Fall
The refinance share of mortgage activity increased to 59.8% of total applications from 48.8% the previous week.
The refinance share of mortgage activity increased to 59.8% of total applications from 48.8% the previous week.
The CAC will meet on Thursday, Sept. 25 at the Yonkers Riverfront Library at 10 a.m., where it will likely vote on whether to approve or disapprove the MGM Empire City plan.
The 20 NAR members selected will participate in a diverse range of educational experiences as they join a nationwide community of volunteer leaders.
The New York market’s buying premium was 117% with a new mortgage payment of $7,888 versus the multifamily effective rent of $3,639 as of the second quarter of this year.
NAR has now launched the Pro-Property Platform, a system designed to strengthen federal political advocacy by allowing direct-to-candidate contributions to be tagged as pro-housing and pro-property rights.
The Planning Board closed the public hearing, which signals a vote on the project’s site plan application and height exemption could come at the Planning Board’s next scheduled meeting on Wednesday, Oct. 8.
Month-over-month comparisons revealed significant regional variation. Sullivan County led the surge with a 16.4% jump in median home prices, followed by Putnam County with an 11.3% increase.
The 225,000-square-foot facility, centrally located in White Plains at 1111 Westchester Avenue, will offer adult and pediatric care spanning more than 90 specialties and subspecialties.
The Black/African American unemployment rate was 7.2% as of July, up from 6.3% a year earlier and the highest level since October 2021.
For the first time ever, HGAR members will have direct access to NAR’s C-suite leadership team including CEO Nykia Wright, SVP Industry Relations Jarrod Grasso and Chief Economist Lawrence Yun.
On Sept. 10, the MBA reported that mortgage applications increased 9.2%for the week ended Sept. 5 from one week earlier.
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