Ruth Golod

Manhattan / New York City Townhouse Specialist

30 Year Rates Rise

For more information or to view this property, contact Ruth Golod, Vice President at the Corcoran Group: (212) 893-1723.

Residential real estate loan prices are on the move for the third straight week. This comes as no surprise to anyone who reads the business section on a regular basis. The Fed has been raising the Fed Funds Rate for quite a while now and has signaled that this is unlikely to change any time soon. The markets are starting to catch up now as 30 year, fixed-rate mortgage rates have reached a near-4-year high.

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