MYRIAM RAMOS ~ New York Real Estate Specialist ~

The Wall Street Reform and Consumer Protection Act was signed into law in late July.  Before the pains of the financial crisis were just a thing of the past, Congress passed the biggest financial reform measures since the Great Depression. While much of the bill covers Wall Street measures and regulations, there are several changes consumers ...

                                         President Bush signed into law legislation that helps homeowners facing foreclosure and extended a ...

The Federal Reserve, navigating treacherous economic waters, decided on Wednesday to leave a key interest rate unchanged, bringing an end to a string of consecutive rate cuts. The central bank announced that it was keeping the federal funds rate, the interest rate that banks charge each other, at 2 percent, marking the first time in 10 months that ...

We have been waiting for some relief to our current market conditions and it arrived yesturday, March 6th. The new FHA and Fannie Mae, Freddie Mac conforming loan limits have been released by the U.S. Department of Housing and Urban Development. The new limits in our area rise to $729,750. What does this mean? Previously $417,000 loan amounts ...