• A compilation of timely information regarding matters of interest to homeowners, buyers and sellers of real estate in Dobbs Ferry, the Rivertowns and the Westchester County, NY area in general.

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  • August 2011
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  • Scott’s Recent Sales

    Your Property Could Be Next

  • Park Hill Terr, Dobbs Ferry SOLD!

  • Belden Ave, Dobbs Ferry SOLD!

  • Secor Road, Hartsdale SOLD!

  • Draper Lane, Dobbs Ferry SOLD!

  • Virginia Ave, Dobbs Ferry SOLD!

  • Division Street, Hastings SOLD!

  • Crescent Ln, Dobbs Ferry SOLD!

  • Alkamont Ave, Scarsdale SOLD!

  • Temple Rd, Dobbs Ferry SOLD!

  • 17 Kent Avenue, Hastings SOLD!

Mortgage Rates Drop Even Further To New Historic Lows

Mortgage rates dropped lower this past week as a result of the uncertainty garnered by the debt ceiling conversations in Washington. The standard 30 year fixed rate product is down to 4.45%. A 15 year loan term on the same product is even lower, an astounding 3.52%. That makes this a fantastic time to buy real estate, when combined with the historically low prices. These days can’t last forever and in fact on October 1 the Fannie/Freddie loam limits are to be reduced. In an area like the Rivertowns, where, even accounting for 30% drop in prices oer the past few years, loan amounts are still high by comparison with the rest of the US, time may be of the essence to take advantage of the current situation. Read more at:
http://www.linkedin.com/news?actionBar=&articleID=678841981&ids=0NdPAOcj8UdPoIczcMcz0Oe3sSb34Uej4Qe3wTdyMPcPoOdjsUdPoIdPAOcjAMe3sS&aag=true&freq=daily&trk=eml-tod-b-ttle-44

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