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Recent Posts
  • What Can Homebuyers Expect After COVID-19?
  • Homebuilder Confidence Index Craters Due to Coronavirus Impact
  • Fed Issues Emergency Interest Rate Drop to Counter Coronavirus Effect
  • Push for High-Density Housing Meets Resistance in Nassau and Suffolk
  • Lack of Affordable Housing Plagues New York Home Buyers
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Market Conditions

Fed Issues Emergency Interest Rate Drop to Counter Coronavirus Effect

The Federal Reserve (colloquially referred to as “the Fed”) issued an emergency interest rate drop on March 3 in response to market pressure from the coronavirus outbreak.

By Joe Moshe, 5 yearsMarch 10, 2020 ago
Buyer Topics

Cheaper Mortgage Payments Make Home Ownership More Appealing

Nationally, the average mortgage payment has been falling, according to the United States Census Bureau. This has brought the average mortgage payment to around $1500 per month, which is only slightly higher than the average monthly rent payment.

By Joe Moshe, 5 yearsJanuary 23, 2020 ago
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