Syracuse Real Estate

Local News
2:24 pm
Mon August 5, 2013

Mortgage Loans Continue To Rise Nationally and in New York State

This home at 102 Berkeley Drive in the Syracuse University Neighborhood is up for sale.
Credit John Smith / WAER News

Existing home sales were up nationally in July and Central New Yorkers are likely shopping around because of low interest rates.  Mortgage loan originations climbed six percent this year when compared to the first and second quarter of last year.  There are many factors driving the market these days according to a Chase Mortgage Executive.  Lisa Foradori feels the steady unemployment rates could play a significant role.

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