After a substantial decline last week, the number of borrowers in coronavirus-related mortgage bailout programs dropped by a lot less this week.
The duplex comes with three terraces.
“We don’t have a plan to build a better, brighter future for our city like we did post-9/11 and it’s eerily scary,” RXR Realty CEO Scott Rechler told CNBC on Friday.
WalletHub recently crunched the numbers on the best real estate markets comparing “300 cities of varying sizes across 24 key indicators of housing-market attractiveness and economic strength.”
The 30-year mortgage rate has dropped to a record low of 2.86 percent and 19.3 million borrowers qualify for refinancing. Andy Walden, Black Knight market research director, and CNBC’s Diana Olick discuss how many homeowners could qualify and how much they could save.
The surge in suburban housing demand has begun and will continue, though after widespread vaccination the trend will abate somewhat. A few people will sit in the suburbs pining for the city, taking advantage of falling rents in urban apartments. Most, however, will be happy with their new digs.