Price Range: From to

Compare Listings

Weekly News (April 29, 2020)

This week’s Interest Rate (18th Week) (Fairway Asset Corp.)  30 Y Rate: 3.375%/ 15 Year Rate:2.99%/ 10 Y Treasury: 0.549%/  FHA:3.490%  Prime Rate:3.0% / Ref IR: 0.00- 0.25% Conventional rates are getting better, but Government loans(FHA,VA, USDA) still have difficulties.   Investigation started on Unfair PPP Approval (The Korea Times  4/28, 4/29) The Democrats initiated SBA […]

Weekly News (April 22, 2020)

This week’s Interest Rate (17th Week) (Fairway Asset Corp.)  30 Y Rate: 3.490%/ 15 Year Rate:3.250%/ 10 Y Treasury: 0.549%/  FHA:3.490% Prime Rate:3.0% / Ref IR: 0.00- 0.25% Conventional rates went up a little bit and Government loans(FHA,VA, USDA) still have difficulties. Jumbo loan have difficulties   New Jersey Schools will be closed till 5/15/2020 (The Korea […]

Weekly News (April 15, 2020)

This week’s Interest Rate (16th Week) (Fairway Asset Corp.) 30 Y Rate: 3.490%/ 15 Year Rate:2.875%/ 10 Y Treasury: 0.879%/  FHA:3.490%  Prime Rate:3.0% / Ref IR: 0.00- 0.25% Conventional rates are getting better, but Government loans(FHA,VA, USDA) still have difficulties.   NY State might hit the Apex of COVID-19 death toll ( The  Korea Times 4/14) […]

Weekly News (April 8, 2020)

This week’s Interest Rate (15th Week) (Fairway Asset Corp.)   30 Y Rate: 3.490%/ 15 Year Rate:2.99%/ 10 Y Treasury: 0.687%/  FHA:3.490% Prime Rate:3.0% / Ref IR: 0.00- 0.25%   The U/W guidelines getting tighten during the COVID-19. Some of lenders cap the DTI lower than normal time and require 3 month reserves. ( See below) […]

Weekly News (April 1, 2020)

This week’s Interest Rate (14th Week) (Fairway Asset)  30 Y Rate: 3.625%/ 15 Year Rate:3.125%/ 10 Y Treasury: 0.687%/  FHA:3.490%  Prime Rate:3.0% / Ref IR: 0.00- 0.25%   WeWork kept most of it locations open:Only two offices are closed in N. America (The NYT  3/25) In the fight against the spreading COVID-19 countless businesses, restaurants and […]