Another Fed Governor Says Rates Should be Held Steady ‘For Some Time’

While many across the industry were predicting interest rate cuts and a transition to a more balanced economy in 2026, the year so far has been shaping up a bit differently. Inflation remains elevated, mortgage rates are facing difficulty due to rising geopolitical tensions in the Middle East, and t

NYC Landlords Report 6.2% Income Jump—but Here’s Why They Say They’re Still Sinking

For the third consecutive year, the financial health of rent-stabilized housing in New York City appears to be on the up—at least on paper. Net Operating Income (NOI)—a measure of profitability—for buildings containing stabilized units climbed 6.2% citywide in 2024, according to the 2026 Income and

Mortgage Interest Rates Today: Rates Surge to 6.38% as Oil Shock Roils Financial Markets

Mortgage rates jumped Thursday to their highest level in more than six months, as the U.S.-Israeli war with Iran continues to drive elevated oil prices and raises new risks of inflation. The average rate on 30-year fixed home loans climbed to 6.38% for the week ending March 26, up 16 basis points fr

The Look Book Goes to a Muay Thai Competition

Sean McLaughlin (pictured above)Graphic designer, Greenpoint More »