Weekly News (September 11, 2019)

This week’s Interest Rate    30 Y Rate: 3.625%/  15 Year Rate:3.125%/ 10 Y Treasury: 1.628%/  Prime Rate:5.25% Ref IR: 2.00- 2.25%   6 new apartment buildings, total 1200 units, will be developed in Teaneck, NJ (The  Korea Times   9/7) According to the Record on 6th, 600 units apartment building will be constructed on State Street in Teaneck.  Also 36 units of mixed use building and...

Weekly News (June 12, 2019)

This week’s Interest Rate      30 Y Rate: 3.875%/  15 Year Rate:3.375%/ 10 Y Treasury: 2.145%/  Prime Rate:5.5%   Constructing super high-rise buildings in Manhattan, NY is booming (The Korea Daily 6/7) According to New York Times, 16 super high-rise buildings over 1000 ft (304 m) are under construction or planning in Manhattan currently.  It is super fast rate while only 7 buildings...

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