long island real estate: are the interest rates going up or down? - 10/12/08 07:12 PM
Many people believe that when the Federal Reserve lowers their Fed Funds Rate .5%, that the 30 year mortgage rate will be .5% lower as well. For instance, before the fed came out and lowered the Fed Funds rate this week, a client of mine locked his rate on a 30 (2 comments)
long island real estate: NEW HYDE PARK REAL ESTATE INFO - 10/11/08 07:00 PM
New Hyde Park is Located in Nassau County, New york , 25 minutes from New York City , population of 39,977, population density (people/mile) is 8,359 of which 19,258 are male and 20,719.
There are 13,361 households in New Hyde Park of which 4984 are household with children and (1 comments)
, but we all know that a mortgage commitment in today's market is not 100% guarantee that is going to close!!!!, maybe because something that we don't talk about , which is (0 comments)
long island real estate: REAL ESTATE NEWS, INTEREST RATES ARE GOING DOWN!!!!!!!!! - 09/09/08 01:48 PM
After this weekend of the federal Government taking over the two big mortgage giants we are seeing an interest rate drop of three eight of a point and it will continue to go lower
that is great news for all of us, specially for the new york real estate region, because (0 comments)
long island real estate: SHORTSALE, IS IT WORTH IT? YOU WILL BE JUDGE!!!!!! - 08/30/08 03:59 PM
For the judicial states where foreclosures take place, shortsale is the best way to save money to the bank as well to the real estate professionals (Realtor).
On the bank or lenders point of view they don't have to wait one year or more just to able to get to the auction (3 comments)
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