Market
NAR: Northeast Existing-Home Sales Spiked by 8.5% in November; Prices Rose Nearly 10%
“Home sales momentum is building,” said NAR Chief Economist Lawrence Yun.
Mortgage
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Commercial
Northpath Secures Refinancing Deal For White Plains Office Buildings
WHITE PLAINS—JLL Capital Markets announced on June 27 that it arranged a $17.5-million refinancing for 2 and 4
Mortgage
$297M Financing Package Secured for Phase Two Of Peninsula Affordable Housing Project in Bronx
NEW YORK—The New York City Economic Development Corporation, the New York City Department of Housing Preservation and Development and
Mortgage
Real Estate, Lending Industries Praise Decision To Rescind Upfront Fees Based on DTI Ratio
WASHINGTON—The Federal Housing Finance Agency announced on May 10 that it had rescinded the upfront fees based on borrowers’
Mortgage
Higher Rates Cause Mortgage Volume to Drop Nearly 6%
WASHINGTON—Mortgage applications decreased 5.7% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly
Mortgage
GUEST VIEWPOINT: Why are Rates Rising and is There Some Light at the End of The Tunnel?
By now you have heard of or come face to face with the slowing real estate environment. The culprit is
Mortgage
FHFA Eliminates Upfront Fees for First-Time Homebuyers
WASHINGTON—The Federal Housing Finance Agency announced on Oct. 24 targeted changes to Fannie Mae’s and Freddie Mac’s
Lawrence Yun
MBA: Rising Rates Cause Mortgage Applications to Continue to Fall
With inflation still high, mortgage application activity fell 1.2% for the week ended Sept. 9 as compared to a
Mortgage
Mortgage Applications Continue to Decline; Rates Rise to Nearly 6%
WASHINGTON—Mortgage applications decreased 0.8% last week from one week earlier, according to data from the Mortgage Bankers Association’
HUD
HUD Increases New York Fair Rent Subsidies By Up to 14%; Smaller Increases in NY Metro
WASHINGTON—The U.S. Department of Housing and Urban Development announced on Sept. 7 it had published Fair Market Rents
Mortgage
New York State Sets Tax Cap at 2% in 2023 for Local Governments, School Districts
ALBANY—Property tax levy growth will again be capped at 2% for 2023 for local governments that operate on a
Mortgage
Fannie Mae, Freddie Mac Release Equitable Housing Finance Plans to Address Racial Homeownership Gap
WASHINGTON—The Federal Housing Finance Agency released Fannie Mae’s and Freddie Mac’s Equitable Housing Finance Plans for 2022-2024
HUD
HUD Awards $796 Million to Improve, Preserve Public Housing In New York
NEW YORK—The U.S. Department of Housing and Urban Development announced on May 27 it had awarded approximately $796