Tag Archives: New York Federal Reserve

Home sale-leasebacks are surging, but are they good for homeowners?

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Sale-leasebacks can feel like a lifeline to homeowners struggling to make mortgage payments, but consumer advocacy groups are concerned over the low sales prices investors are offering. Continue reading →

Mortgage originations hit highest level since 2005: New York Fed

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Decreasing mortgage rates contributed to the highest volume in mortgage originations in 14 years at a total of $752 billion, according to the Federal Reserve Bank of New York. Continue reading →

Homeownership likely to rise due to aging population: Study

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Nonetheless, many renters doubt they’ll ever own a home, according to a survey by the New York Federal Reserve. Continue reading →