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Today's Rates

Mtg Loan Rate APR
30-yr Fixed 4.55% 4.7%
15-yr Fixed 4.01% 4.22%
1-yr Adj 2.76% 3.42%
* national averages

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TOP NYC REAL ESTATE NEWS - "The Real Deal" "NY Times RE":
 
Don Wilson’s plan to sell stakes in South Carolina property via digital token offering falls apart
4/21/2019 3:00 PM
A Chicago trader’s plan to use digital tokens to sell equity in a South Carolina student housing complex has fallen apart. Don Wilson’s Convexity Properties planned to set up a REIT to sell ownership stakes in the Hub at Columbia building in the form of tokens issued by Convexity and tracked on a blockchain ledger. But the deal fell apart when Conv...Read More
 
Spanish real estate new focus in major European money laundering scheme
4/21/2019 2:00 PM
Spanish real estate has become the focus of the probe into the money laundering case linked to the death of Russian attorney Sergei Magnitsky. A portion of the $230 million at the heart of the scheme, which started in Russia and moved through bank accounts in other European countries, was eventually poured into Spanish real estate, state prosecutor...Read More
 
Blackstone claims to be caught in “brazen attempted shakedown” over Italian office complex
4/21/2019 1:00 PM
Blackstone Group is fighting an Italian media mogul in court over ownership of an office complex in Milan. RCS Media Group SpA sold the three-building office complex, its former headquarters, to Blackstone for 120 million euros ($163 million) in 2013 and now the media company is contesting the sale, the Wall Street Journal reports. The litigation h...Read More
 
What’s behind Sweden’s unlikely co-living craze
4/21/2019 12:00 PM
In a country where 52% of households are single people, co-living would seem like a unlikely bet, but a dire housing shortage seems to fueling a societal shift. Residential properties in Stockholm marketed as co-living quarters have increasingly started to attract tenants discouraged by the conventional rental housing market, according to the New Y...Read More
 
Brexit banking exodus fuels real estate gold rush in Dublin
4/21/2019 11:00 AM
Debt investors are eager to lend a helping hand to Irish landlords looking to acquire rental housing for employees of banks and law firms moving from London to Dublin. As the U.K.’s struggles to exit the European Union continue, financial industries are moving shop to the Irish capital, fueling a property boom that lenders and investors want ...Read More
 
This lender plans to underwrite $1B in mortgages with no income, no asset verification
4/21/2019 10:00 AM
Austin, Texas-based 360 Mortgage Group just revealed that it will conduct a pilot program to test the viability of no-income, no-asset mortgage loans by originating up to $1 billion of them to finance investor-owned homes. The housing crisis in 2008 stemmed largely from defaults on sub-prime mortgages, or so-called NINJAs – borrowers who qualified ...Read More
 
Brokerage apologizes for sexy video to promote upscale listing
4/21/2019 9:00 AM
A real estate brokerage firm in Australia is apologizing for posting a sexy video to market a luxury home after it drew widespread ridicule on social media. Sam Nadler, an agent with LJ Hooker Bankstown, the Sydney-based brokerage, arranged for the production in a style resembling an R&B music video to promote a sleek, upscale home in New Sout...Read More
 
PHOTOS: Johnson & Johnson heirs list newly subdivided estate
4/21/2019 8:00 AM
The crown jewel of late Johnson & Johnson heiress’ real estate holdings is back on the market. The late Elizabeth Ross “Libet” Johnson, great-granddaughter of the Johnson & Johnson co-founder, first started assembling her sprawling 600-acre estate called Lightning Tree Farm in 1980. Since her death in summer 2017, her family is sell...Read More
 
Architecture’s final frontier: Here’s what houses on Mars might look like
4/20/2019 3:00 PM
The most Earth-like planet in the solar system, Mars has always looked like an obvious choice for future human colonization. But what would houses on Mars actually look like? A NASA-sponsored contest, called the 3D-Printed Habitat Challenge, seeks to answer that question. Launched in 2015, the contest’s third and final phase is set to wrap up...Read More
 
There’s a literal shadow sweeping through SoCal’s luxury resi market
4/20/2019 2:00 PM
A stark, dark style of home design is trending for both the interior and exterior of houses in Southern California. More homeowners are choosing to paint their houses black, the Los Angeles Times reported. Since 2017, the design firm Benjamin Moore Paints has seen almost a 30% jump in the usage of black for interior and exterior, their experts say....Read More




TOP NYC REAL ESTATE NEWS - "The Real Deal" "NY Times RE":
 
Historic Bank Buildings Get a Second Act
4/19/2019 4:01 AM
New developments across the city are repurposing the opulent spaces where New Yorkers once deposited their savings...Read More
 
Brooklyn’s Fourth Avenue Gets in Gear
4/19/2019 8:00 AM
After years of false starts, the busy thoroughfare known for its gas stations and carwashes is seeing a construction frenzy of mid-rise apartment buildings...Read More
 
Exclusive: A Duplex Penthouse With Park Views on the Market for $11.25 Million
4/19/2019 10:17 AM
The apartment was home to Barbra Streisand for more than three decades...Read More
 
On the Market: Homes for Sale in Brooklyn and Manhattan
4/18/2019 8:01 AM
This week’s properties are in the financial district, Harlem and Brooklyn Heights...Read More
 
On the Market: Homes for Sale in New York and New Jersey
4/18/2019 4:01 AM
This week’s properties include a five-bedroom in East Amwell, N.J., and a four-bedroom in Larchmont, N.Y...Read More
 
International Real Estate: House Hunting in … Hong Kong
4/19/2019 11:24 AM
Even as events conspire to dent its prices and sales volume, Hong Kong remains the world’s most expensive housing market...Read More
 
Living In: Sharon, Conn.: A Calm, Quiet Town, 15 Minutes From the Train
4/17/2019 4:01 AM
The nearly 60-square-mile town is the third-largest in Connecticut — and one of the least densely populated...Read More
 
Calculator: Where Are Adults Living With Their Parents?
4/19/2019 12:52 PM
More adults are living with their parents, but home prices may not be the only thing driving that trend...Read More
 
What You Get: $330,000 Homes in Minnesota, Missouri and Maine
4/17/2019 8:01 AM
A Craftsman bungalow in St. Paul, a contemporary ranch house in Springfield and a shingled cottage in Long Island...Read More
 
What I Love: A Space Fit for a Comma Queen
4/16/2019 4:01 AM
For the author and former New Yorker copy editor Mary Norris, furnishing an apartment is all about the books...Read More