In a week packed with big economic news, investors feared that the trend toward higher mortgage rates seen this month would continue. The risk that the Fed might signal a scaling back of its MBS purchases concerned investors. In the end, though, a neutral Fed statement and an unexpected increase in the Unemployment Rate allowed mortgage rates to reverse early increases and end the week with little change.
Wednesday's Fed statement was very similar to the statement issued after its December meeting. Concerning its MBS purchase program, the intention stayed the same, meaning that the Fed will … (1 comments)
rummy dhanoa: FHA TAKES ADDITIONAL STEPS TO BOLSTER CAPITAL RESERVES
- 02/01/13 04:52 AM
WASHINGTON – As part of a broad effort to strengthen the Federal Housing Administration’s (FHA) Mutual Mortgage Insurance Fund (MMI Fund), FHA Commissioner Carol Galante announced a series of changes to be issued this week that will allow the agency to better manage risk and further strengthen the health of the MMI Fund. “These are essential and appropriate measures to manage and protect FHA’s single-family insurance programs” said Galante. “In addition to protecting the MMI Fund, these changes will encourage the return of private capital to the housing market, and make sure FHA remains a vital source of affordable and sustainable … (1 comments)
rummy dhanoa: Baby boomers consider next housing move
- 09/12/12 12:02 AM
Baby boomers consider next housing move Many older baby boomers have been putting off moving for years now, due to weak housing markets, price declines and losses in their retirement accounts. But as markets are beginning to recover, some may be unearthing their buried plans to downsize, move closer to their children or relocate to a warmer climate. Whether they ultimately make a move has a lot to do with their finances and where they live.
“I think people are sick of waiting,” said Jennifer Darby Metzger with ERA Justin Realty, in New Jersey. Even if conditions aren’t perfect yet, … (1 comments)
Imagine for a moment one of those nights when you just can't fall asleep and you have to get up early the next morning for a very important meeting of which you are the keynote speaker. Your alarm clock goes off early in the morning waking you from what little sleep you had. You stumble out of bed, have a quick shower, grab a coffee and some toast, and off you go to fight the traffic on the way to work.
Pay all your home expenses in 1 low monthly payment. This Stunning Studio Co-Op with Amazing Hudson River/Palisade Views offers all utilities included in the low monthly maintenance, heat, hot water, gas, electric and basic cable. Stunning views from the living area window. Access to pool and patio areas. Located close to all transportation, major highways, shops, schools and more. Plus pets are welcomed too. A Must See to Appreciate.
For more details or to schedule a private viewing call 914-902-3253
… (3 comments)
rummy dhanoa: Big City Living in Yonkers Suburbs
- 08/09/12 11:59 PM
Big City Living in Yonkers Suburbs When it’s finished, Monarch at Ridge Hill will include four 12-story buildings and 500 condos. It will have 24-hour doorman service, a two-story fitness center, an outdoor pool, a playroom and bike storage. Pretty run of the mill, as far as new condos go. But that’s not all. Monarch also will have a golf simulator, wine cellar, screening room, basketball court, yoga studio, sauna, indoor lap pool and tennis courts. Add to that, it’s within walking distance of a Whole Foods, A State-of-the-Art Movie Theater, an Apple store and Lord & Taylor, plus more than … (0 comments)
1) The month of August signals that the end of summer will soon be here. For many, it’s the last chance to get out of “dodge” and spend time as a family before the hustle and bustle of the school year, clubs, sports and regular events hits the radar.
It’s a common misconception that selling in August and the beginning of September is not wise and that you’d be better served to wait until mid-September, or later, until the beginning of the following year.
Lik Like … (0 comments)
rummy dhanoa: Attention Yonkers Home Sellers: Why you do repairs before you sell.
- 07/20/12 01:13 AM
Attention Yonkers Home Sellers: Why you do repairs before you sell. If you’re selling your home (or at least considering it) you’ll want to Read This. Feel free to pass it along to any friends or family members who are also thinking of selling. In today’s market, the competition is as fierce as ever to get buyers to look at your home over your competition’s. Moreover, it’s tougher than ever to get them to make an offer without your home looking spiffy…especially if you want top dollar.
Here, we’re giving you some solid input on why you need to … (0 comments)
Gorgeous, sun-filled 2BR co-op on top floor of sought-after complex w/private elevator to Greystone train platform. Spacious rooms w/parquet floors & huge floor-to-ceiling closets throughout. Updated kitchen & bath. Master BR w/walk-in closet. Complex features 24hr doorman, new laundry rooms, outdoor pool & sun deck, new gym, saunas, basement storage, library, outdoor playground & indoor playroom. Unassigned covered parking & basement storage. Maint does not reflect Star Rebate of $87.61. 1085 Warburton Ave, Yonkers, NY 10701 For more information or to book a private … (0 comments)
It’s July and that means even in the coolest climates on earth, someone is going to need to turn on an air conditioner to keep the heat from making them miserable. Unfortunately, with the need to stay cool also come higher electric and gas bills, syphoning money from your bank account that you could be using to have fun during the month of July and the rest of the summer.
The good news is that if you have a strategy and a little ingenuity, you can keep your home … (0 comments)
rummy dhanoa: Summertime Safety: The Survival Guide
- 07/04/12 10:58 PM
Summertime Safety: The Survival Guide Summer is the time for outdoor cookouts, pool parties and backyard play dates – not a time for bandaging scrapes, nursing burns – or worse. Learn these important summer safety tips and make sure everyone in your family knows them by heart too. That way, it will be a summer to remember, for all the right reasons. Pool Safety Supervise constantly: Good supervision means you are able to scan the pool area every 20 seconds and be able to reach the pool in 10 seconds. Put multiple safety barriers between children and the pool: Install … (0 comments)
rummy dhanoa: Westchester County Tourism is Growing
- 06/27/12 12:28 AM
Westchester County Tourism is Growing Tarrytown, NY - Tourism in Westchester grew by 8 percent in 2011 to $1.7 billion, returning to pre-recession levels and currently supporting 24,000 jobs. To build on the resurgence, he unveiled a new branding campaign, Meet Me in Westchester, which capitalizes on a comprehensive study of how residents, visitors and businesses perceive Westchester County as a tourism destination. “Tourism has been gaining strength across all sectors – retail, recreation, food, beverage, lodging and transportation,” County Executive Robert P. Astorino said. “The opportunity in front of us is to build on that momentum. One way to … (0 comments)
rummy dhanoa: 19 Market Areas Expected to Bottom in 2012-NY Makes the List
- 04/30/12 11:12 PM
19 Market Areas Expected to Bottom in 2012-NY Makes the List Home prices in a majority of the markets covered in Zillow’s Home Value Forecast are set to bottom this year — if they haven’t already, according to a Zillow report released last week..
“From an economic perspective, the latter part of the first quarter is full of positive news as the spring selling season gets underway,” said Stan Humphries, Zillow’s chief economist, in a news release. “While it is unlikely that national home values continue to rise at this rate through the rest of the spring and summer, … (0 comments)
Have you tried this restaurant in eastchester NY ... Eastchester Fish Gourmet located in Scarsdale, NY offers the finest and freshest seafood available in its restaurant, fish market and off premises catering. From the raw bar to landmark dishes such as fish and chips, parmesan crusted cod, golden snapper and grilled sea bass, Eastchester Fish Gourmet provides a sophisticated and casual atmosphere serving dinner 7 days a week and lunch on Thursdays and Fridays.
http://www.eastchesterfish.com
Check out there website ... awesome food.
Also if you looking to sell or buy real estate check out my website … (0 comments)
The Interest Rate on 30 years dropped to 5.14% ending week for July 16, 2009. This is lowest since the week ended may 28, the drop in rate is a positive for the housing market, which has been showing signs of stabilization, with sales rising and home price declines moderating in many regions of the country. Mortgage rates remained above 5% for a seventh straight week. Experts say mortgage rates at 5% and below are the levels needed to make a significant impact on home … (0 comments)
rummy dhanoa: Yonkers 311 Call Center , Receives $400,00 Grant.
- 03/09/09 10:51 AM
Yonkers receives federal grant up to $ 400k to help create a 311 communication center in the city of Yonkers. This will improve emergency response time in the city and be more efficient in community relations this will help city respond to constituent requests. Yonkers receives approximately 100,000 emergency calls to 911 a year in addition to 500,000 non-emergency calls. About 80% of all 911 calls received by the city of Yonkers are not true emergencies. Since its use was adopted in 1967, the widespread use of 911 as an emergency number has vastly improved emergency response time and saved many … (0 comments)
rummy dhanoa: Clean Up Grant of $900k form EPA for Saw Mill River
- 12/08/08 08:36 AM
The Grant will assist in pollution cleanup, planning and restore saw mill river. The sawmill river, only 19 miles long, has a major impact on the Hudson river. Because of major industries around the river changed it marked up. The river is between a federal highway, state parkway and state highway.
Planned projects for the 3-year grant period include: Involvement in the planned "daylighting" of a covered up section of the river in Yonkers IMBY (In-My-Backyard) Demonstration Projects in local neighborhoods showcasing better stormwater techniques that can help prevent flooding and pollution: rain gardens, permeable paving, and disconnecting gutters Small … (0 comments)
rummy dhanoa: Yonkers Annual Christmas Tree lighting Celebration In Getty square.
- 12/08/08 06:47 AM
The City of Yonkers Annual Christmas Tree Lighting Celebration will take place on Monday, December 8 starting at 3:30 p.m. in Getty Square. The free celebration will feature the lighting of Getty Square's 25ft Christmas Tree at 4:45 p.m. More details about the festive event follow. From 3:30 p.m. to 4:30 p.m. holiday entertainment will be provided by the BID. At 4:30 p.m. Mayor Amicone will join officials from the Downtown Waterfront BID to present a special Business Award. Following the presentation, Mayor Amicone and the award recipient will light the Getty Square Christmas Tree at 4:45 p.m. Also included in … (0 comments)
rummy dhanoa: If You Can't Sell It, Why Not Rent Your Home?
- 10/31/08 06:43 AM
The benefit to renting out instead of selling gives you the ability to ride out the market and not lose money on home. When home don't sell then you should take the option to rent unless they have an unusual financial circumstance. If you rental is not covering the expenses but just a part of the payment you can take a tax reduction end of year. The best way to determine when to rent out a property is if the property has been sitting on the market for 10 months. Or if you need to move quickly to take a job … (0 comments)
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