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StreetEasy Discussions
Where New Yorkers come together to discuss real estate
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Financing
Private investor with money to lend
Updated almost 15 years agoComment was deleted by moderator. -
Financing
Minimum Down on ARM in new development
Updated almost 15 years agoI've been told the minimum down for a conforming plus ARM in a new dev is 25%. Can anyone confirm that this is true? Thanks. -
Financing
Why Isn't Wall Street in Jail?
Updated almost 15 years agoRolling stone is publishing a compelling article about our dear corrupted Wall Street that so many on this board are still defending. This is not pretty: <a... -
Financing
Fannie Mae waiver for a co-op
Updated almost 15 years agoMy husband are looking to make an offer on an apartment in a co-op which is not 51% owner occupied (it is actually exactly 50% owner-occupied). Our mortgage agent... -
Financing
How does bond yied translate to mortgage rate
Updated almost 15 years agoSo I've been watching the mortgage rate tick up, up and up. The 30yr bond yield today dropped to 4.70% today from 4.76% yesterday. So I expect the mortgage rates to... -
Financing
FHA Loan Approval
Updated almost 15 years agoWe're almost at the end of a deal, ready to sign contracts and it seems now that the building is no longer FHA Approved, even though the seller of the unit has an FHA... -
Financing
Buying points
Updated almost 15 years agoI have been offered 1/8 discount of my mortgage for 50 bps of the loan. Am I right in thinking that the 'breakeven' on this is keeping the mortgage about 4 years? I...