Monthly Archives: February 2010

30-Year Mortgage Rate Tops 5 %

30-Year Mortgage Rate Tops 5 % by Raja Tayeb on February 27, 2010 Average rates for conventional 30-year mortgages went up to 5.05 percent this week from 4.93 percent a week earlier, according to Freddie Mac. Interest on 30-year fixed … Continue reading

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Should Buyers Try to Beat the Tax Credit?

Should Buyers Try to Beat the Tax Credit? by John Tayeb on February 27, 2010 Some potential home buyers say they’re holding out until the tax credits expire on the theory that prices will decline once the buying incentive is … Continue reading

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Existing-Home Sales Down, Prices Steady

Existing-Home Sales Down, Prices Steady by Raja Tayeb on February 27, 2010 Existing-home sales fell in January but are above year-ago levels, according to the National Association of REALTORS®. Existing-home sales — including single-family, townhomes, condominiums, and co-ops — dropped … Continue reading

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MBA Plan to Help Jobless Pay Mortgage

MBA Plan to Help Jobless Pay Mortgage by John Tayeb on February 25, 2010 The Mortgage Bankers Association outlined a plan Wednesday that would help the unemployed pay their mortgages for up to nine months. The MBA proposed that loan … Continue reading

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An Open House for this outstanding 2 Family Home in Astoria, NY!

Normal 0 MicrosoftInternetExplorer4 Fantastic young semi-detached brick 2 family home; large building size 21 x 50; great size & beautiful layout; excellent condition; offers large rooms with private drive-way, garage & spacious private backyard. Built at a walk-able distance to … Continue reading

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Fed: Interest Rates to Remain Low — New York Real Estate

Fed: Interest Rates to Remain Low by Raja Tayeb on February 25, 2010 Investors breathed a sigh of relief Wednesday when Federal Reserve Chair Ben Bernanke told Congress that interest rates are likely to remain low for an extended period. … Continue reading

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Living Big in a Small Home — New York Real Estate

Living Big in a Small Home by Raja Tayeb on February 25, 2010 After years of upsizing, Americans are enjoying the benefits of more modest living spaces. With the average home size declining, owners are cleverly doing more with the … Continue reading

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