Activity:
• 13 contracts were signed last week, representing a 38% decrease with the previous week and a 43% decrease year-over-year.
•Condos and Condops represented 70% of all signed contracts this week.
•Co-ops represented 15% of all signed contracts this week.
•Townhouses represented 15% of all signed contracts this week.
Interest Rates:
Jumbo
•30-year Fixed: 6.125%
•10/6 ARM: 5.625%