Rent or Buy? Mortgage Rates Rise to 6.17%

Rent or Buy? Mortgage Rates Rise to 6.17%

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Maxwell Ryan
Aug 3, 2004

Consumer confidence says BUY! Never considered an oxymoron, consumer confidence measurably rose this week after the Consumer Confident Report was released on Tuesday. I don't remember being asked. At any rate, confidence leads to higher rates, so up they went 11 basis points to 6.17% on the 30-year fixed mortgage. (via Bankrate)

REAL ESTATE LINKS
- Woody Allen to buy 11,000 sq ft townhouse on East 70th st. (NYPost)
- Close up on Dumbo real estate (Voice)
- A Richard Meier building grows in Park Slope (NYMag via Real Deal)
- Upper East Side: more outdoor dining (NYPost via Real Deal)
- Shii Ann Huang, Your New Corcoran Broker (Curbed)

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