Financing Options for Buyers Right Now in NYC

Oct 10, 2024

With the Federal Reserve’s recent 50 basis point rate cut and talks of further reductions, financing options for NYC buyers are more favorable. Lower interest rates are making fixed-rate and adjustable-rate mortgages, as well as jumbo loans, more appealing. Buyers are also utilizing rate buy-downs and bridge loans to capitalize on the current market. Panel: Spencer Correnti – Alkaline Advisors Matthew Melinger – BHS Jared Antin – Elegran | Forbes Global Properties Stephen Lascher – Wells Fargo 

 

Filmed at Brown Harris Stevens’ Studio 1873, Part of the Mastery of Real Estate (MORE) Network. 

 

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Brown Harris Stevens is one of the largest privately owned real estate brokerages in the country, with more than 40 offices across four states: New York, New Jersey, Connecticut, and Florida.

 

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