Tag Page Housing

🏠 #OutsideAJTheTraveler✈️ 30-year mortgage rate dips below 6% for first time since 2022 • 30-year fixed mortgage rates held at 5.99% for a third straight day, according to Mortgage News Daily, the longest stretch below 6% in over three years. • Refinance applications surged over 130% year over year, per Fannie Mae and the Mortgage Bankers Association, now making up nearly 58% of all mortgage activity. • Purchase applications fell to their lowest level since April, as affordability concerns and economic uncertainty keep many would-be buyers on the sidelines. 🙏🏾 (Tap The Follow) #RealEstateNews #MortgageRates #FinancialNews #Housing

Brooklyn’s big rental project gets a boost

A massive $250 million bridge loan just landed for AtlanticBK, the new 456-unit mixed-income rental building in Brooklyn. This isn’t just another real estate deal—it means more affordable and market-rate apartments are on the way, with extra financial stability to keep rents in check as the building fills up. With big names like Douglaston Development and Greystone behind it, this move could set the tone for future housing projects in the borough. What do you think—will this help ease Brooklyn’s housing crunch, or is it just business as usual? #RealEstate #Brooklyn #Housing