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Mortgage rates might soar even higher

Housing Wire

Mortgage rates have nearly doubled to around 6.5% Following the Fed’s decision to raise interest rates by an additional 75 basis points on Wednesday, the central bank said it will hike rates as high as 4.6% Before the Federal Reserve raised the federal funds rate by 0.75

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NYC Real Estate Market 2020 Overview

Marco Santarelli

Let us continue to explore the housing market trends — from pre-COVID-19 days until July. New York is a fairly walkable city in Queens County with a population of approximately 8,174,290 people. It seems they want to cash in on the opportunity to purchase their favorite properties amid a historically low-interest rate of 3.3

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