Real Estate

Hamptons Mortgage Rates Dropping

Hamptons Mortgage Rates Dropping

According to a recent New York Times article, the average rate on a 30 year fixed-rate mortgage was 3.8%, the lowest since May 2013, and far below the 5% plus-rates of early 2011. Just how mortgage interest rates affect the a-typical Hamptons real estate market were questions I posed to Christopher Minardi, Branch Manager of the East Hampton...

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