November 22, 2016
Tuesday’s Regulatory & Legislative Roundup
- According to Realtor.com, New York City is one of the least affordable cities in the U.S. Due to the vast affordable housing shortage, the city will receive 300 million to aid in its efforts to make the city more affordable.
- Trump’s win as the next president of the United States is quickly affecting the real estate market. One day after the election, the interest rate for mortgages increased from 3.38% to 3.8%.
