Mortgage Rates Surge to 18-Month High of 6.95% After Fed Hike
Mortgage rates reached their highest level in nearly 18 months, driven by climbing Treasury yields that hit a level not seen since 2007 ahead of the Federal Reserve’s rate increase decision. The average rate on 30-year fixed home loans jumped to 6.95% for the week ending Sept. 17, up 19 basis point
‘Bridesmaids’ Director Paul Feig Lists the Colorful Lenox Hill Condo He Bought Fully Furnished for $3 Million
Director Paul Feig and his wife, Laurie, have listed their Lenox Hill condo in New York City for $2.99 million. The one-bedroom unit at 40 E. 61st Street sits on the 12th floor of a prewar art deco condominium between Madison and Park avenues, a block from Central Park. It measures just under 1,000
Pending Home Sales Edge Up in August Despite Higher Rates
Pending home sales rose slightly in August on a monthly basis, but fell year over year as climbing mortgage rates kept many prospective buyers on the sidelines. Contract signings ticked up 0.3% from July, but plunged 4.7% compared to August 2025, according to the National Association of Realtors® Pe
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