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Rent or Buy? Mortgage Rates Fall To 5.70%

2004_10_26_mort.gifStill rent. While oil prices are surging and threaten to put a break on our economy, it means good things for interest rates and bad things for an incumbent president. Nevertheless, Alan Greenspan is sanguine, saying it's "quite unlikely" that there's a housing bubble that's about to pop, but that the possibility "cannot be readily dismissed." He doesn't live in New York. (via Bankrate) MGR

2004_09_iloveyou.jpgREAL ESTATE LINKS

  • 'I Love You' Graffiti Sweeps LES (Curbed)
  • Mortgage Matters Blog (HoldenLewis)
  • Chef Serves Up TriBeCa Condo to a Japanese Pop Star (NYTimes)
  • A BMW Showroom Is to Open on Wall Street" (NYTimes)
  • Recent sales in Park Slope (Brownstoner)
  • Gwathmey Astor Place Conspiracy Theories, Etc. (Curbed)
  • Bowery Tour (NYMag)
  • The race to sell New York’s most expensive apartment—ever—has begun (NYMag)
  • Ceremony tops off new 7 WTC (DailyNews)
  • Home Resales Keep Up Near-Record Pace (NYTimes)
  • Union Square Park to get facelift (DailyNews)

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