Midtown’s first FHA-Eligible Luxury Condo Hits Market
The Perrie, a new residential building in Turtle Bay, is the first luxury condominium complex in Midtown to meet the requirements for FHA financing — an unconventional move for Manhattan condos. FHA loans are designed for homebuyers who have imperfect credit, can’t afford a 20 percent down payment,
Weekly Manhattan & Brooklyn Market Update: 9/23
Rihards Gederts - Elegran | Forbes Global Properties The Fed Cuts Rates by 0.5% – A Positive Shift for Buyers The Federal Reserve announced a long-awaited rate cut, cutting rates by 50 rather than 25 basis points. This rate reduction is the first in four years and the most significant reduction sinc
The Federal Reserve announced a 50 basis point (0.5%) rate reduction.
Rihards Gederts - Elegran | Forbes Global Properties This is a long-awaited rate cut - the first in 4-years and the largest rate cut since 2008.What could it mean for Mortgage Rates and NYC Real Estate moving forward? Impact on Mortgage Rates: Although recent and expected rate cuts are already facto
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