Category Archives: Home Tips

Conforming Loan Limits Increased for 2018

On November 28, 2017, the Federal Housing Finance Agency (FHFA) announced that it would raise the baseline conforming loan limit for 2018 for New York and for most counties across the country.   And the Federal Housing Administration also announced in early December that nearly every area of the U.S. will see FHA loan limits increase in 2018. This…
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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…
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After the Snow: Tips for the New York City Home Owner

Once weather permits, business owners should be mindful of the following information:   Snow and ice must be removed within four hours after the snow has stopped falling or by 11 a.m. if the snow has not stopped falling after 9 p.m. the previous evening.   Snow must NOT be thrown into the street.  …
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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…
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