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Median Rents in Manhattan Drop for the First Time in More Than Two Years
Manhattan’s median rents hit a record high of $4,400 in August. Continue Reading Median Rents in Manhattan Drop for the First Time in More Than Two Years
Mortgage Rates Drop Below the 7% Mark
The 30-year fixed-rate mortgage averaged 6.95% as of Dec. 14. Continue Reading Mortgage Rates Drop Below the 7% Mark
Q3 Home Flipping Down, But Profits Are Up
The typical profit margin in the third quarter was 29.8%. Continue Reading Q3 Home Flipping Down, But Profits Are Up
Thrive Mortgage and Lower.com to Merge
Lower CEO and co-founder Dan Snyder will lead the combined team. Continue Reading Thrive Mortgage and Lower.com to Merge
FCP Provides $22 Million in Preferred Equity for Two Multifamily Developments
“FCP is pleased to provide financing through our Structured Investments platform for these transactions, each well-located in a dynamic Southeast market,” said FCP’s Kevin Murphy. Continue Reading FCP Provides $22 Million in Preferred Equity for Two Multifamily Developments
UK and EU Central Banks Keep Rates Unchanged
The Federal Reserve and Bank of Canada also left rates unchanged. Continue Reading UK and EU Central Banks Keep Rates Unchanged
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