Mortgage interest rates surged last month to their highest levels since early December, resulting last month in lower demand for mortgages. That’s according to the Mortgage Bankers Association’s seasonally adjusted index. Mortgage expert Ann Zeilingold is Vice President of FM Home Loans in New City, and she says that’s not the only reason mortgage demand is down…
The 30-year fixed-rate mortgage s with conforming loan balances increased to 7.06% up from 6.87%. Real Estate expert Naomi Streicher of Q Home Sales in New City agrees, there’s too few homes available for sale in Rockland County, about 270 right now, and it’s hard to find room for new construction…
More housing may become available in Nyack, eventually. Tina Traster is the editor of the Rockland County Business Journal online, and she says the Village of Nyack is taking the first steps to possibly replace Murray’s Deli and Gas Station at 80 South Broadway with a mixed-used residential-commercial building…
Concerns at a recent Nyack Architectural Review Board meeting over the style of the housing and parking issues did come up. The next meeting of the board is later this month.