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2017 Summer Housing and Mortgage Outlook

What can home-buyers expect in the 2017 Summer Housing Market? A recent decline in mortgage rates could have a positive effect on housing demand for the summer home-buying season.  The average 30 year fixed rate mortgage rate has dropped from 4.14% to 3.93% over the past three months, according to the Freddie Mac Primary Mortgage Market Survey (PMMS). Mortgage Rates ...
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Unraveling the Mysteries of Co-Op and Condo Prices

GUEST BLOG:  by Marc Gerstein Marc Gerstein is a Forbes Columnist and Director of Research at Portfolio123 as well as a former assistant research director at Value Line. Please follow him on Twitter: @MHGerstein If you’ve ever shopped for a two-bedroom co-op or condo, you may have browsed a popular web portal such as Zillow.com and produced a list of ...
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4 Factors that Help Determine your Home-Buying Power

Deciding to buy a home is a big step. The list of factors to consider can be long--everything from neighborhoods to school districts to square footage to deciding between a Condo or a Co-Op, but the most important factor is your financial picture. (Click HERE to read more about the difference between a Condo and a Co-Op.) You might be ...
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2016: A Year In Review

 2016 was an exhilarating year for everyone at Lyons Mortgage.  Let’s take a look back at some of the most memorable moments, events and company news. Here’s the top 7! (Don't miss the photos below!)   1. Lyons President, Nicos Tziazas, was honored at City Hall for his ongoing community work with Eleftheria Pancyprian Youth Soccer Club.  Read more here:  Lyons President honored at City Hall Lyons was ...
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Lyons Wins BEST OF THE BORO 2017

Lyons Mortgage Services, Inc. has been awarded the Best of the Boro in Mortgage Companies.  The  Best of the Boro Award is a widely popular readers choice awards where visitors to our local Queens websites and publications nominate businesses in their neighborhood and has grown to be a coveted award for Queens’s best businesses. This year hundreds of businesses are nominated ...
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Spring 2017 Housing & Mortgage Outlook

What can home-buyers expect in the 2017 Spring Housing Market? Rising mortgage rates might have an adverse demand on housing during spring home-buying season. The average 30 year fixed mortgage rate has risen from 3.47% to 4.13% over the past two months, according to the Freddie Mac Primary Mortgage Market Survey (PMMS). The major reason for this increase in mortgage rates is ...
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