News Flash

Republican leaders in Congress are calling on Federal Reserve Chairwoman Janet Yellen
GOP Warns Yellen on Rulemaking With Fed Board Vacancies
Republican leaders in Congress are calling on Federal Reserve Chairwoman Janet Yellen to hold off implementing new rules until President Trump fills the vacancy for the central bank’s vice chairman for supervision.   According to a... Read more
Wells Fargo Targeted for Boycott
The nation’s largest mortgage lender is being targeted for a boycott by consumer advocacy organizations claiming that the company is attempting to violate the constitutional rights of its employees and customers.   On Monday, a coalition... Read more
This year’s housing market is starting off on a strong lead, according to new data released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD)
555,000 New Homes Sold in January
This year’s housing market is starting off on a strong lead, according to new data released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD).   There were 555,000 new single-family houses sold in January... Read more
Members of the Waterstone Mortgage Corporation executive team, as well as 40 of the company’s top mortgage loan originators, recently visited New York City to participate in the Market Bell Opening Ceremony at Nasdaq
Waterstone Mortgage Top Producers Ring Opening Nasdaq Bell
Members of the Waterstone Mortgage Corporation executive team, as well as 40 of the company’s top mortgage loan originators, recently visited New York City to participate in the Market Bell Opening Ceremony at Nasdaq.   Waterstone Mortgage... Read more
The World’s Most Expensive Rental Market Is …
When it comes to paying monthly rent for a residence, the U.S. offers four of the world’s 10 most expensive rental markets.   According to a new study of 87 global cities by the British property firm Nested, San Francisco offered the world... Read more
Homebuyers Cite Concerns on Affordability, Rising Interest Rates
Attention, Janet Yellen: The nation’s prospective homebuyers are agitated over the prospect of rising interest rates in the near future.   According to a new survey by Zillow Group Mortgages, 53 percent of home shoppers consider rising... Read more
Ridgewood Savings Bank is offering eligible Bronx, N.Y. residents free tax preparation assistance this tax season with services provided by the non-profit organization, Ariva
Ridgewood Savings Bank Partners With Ariva to Provide Free Tax Preparation Services
Ridgewood Savings Bank is offering eligible Bronx, N.Y. residents free tax preparation assistance this tax season with services provided by the non-profit organization, Ariva. Residents are eligible for tax preparation assistance if they... Read more
California housing is so expensive—pause for reader to ask, “How expensive it it?—that the state occupies all 10 rankings among the top 10 list of priciest residential markets in Coldwell Banker’s 2016 Real Estate Home Listing Report
The Hottest Housing Market for February Is …
From the some-things-never-change department: California continued to dominate the new Realtor.com’s Hottest Housing Markets list, with 12 markets occupying slots on the February Top 20 list. Vallejo, Calif., took the number one spot for... Read more
NAR Forecasts Stability in Commercial Real Estate Sector
The National Association of Realtors (NAR) is predicting a stable near-term commercial real estate environment, according to its latest quarterly forecast for this sector.   NAR foresees office vacancy rates dropping by 1.1 percent to 12.1... Read more
It’s a Good Thursday in Housing
The latest housing news is mostly positive, with a few surprises sprinkled into the new home price appreciation data.   Freddie Mac’s latest Primary Mortgage Market Survey (PMMS) found the 30-year fixed-rate mortgage (FRM) averaged 4.16... Read more