Coruscation

The government has fairly low limits on how big a mortgage
it will insure, so borrowers in New York City, for instance,
can receive a loan of about $363,000, far less than the
area’s median home price of about $470,000.

In Fairfield County, Conn., the maximum F.H.A. loan for a single-family
home is about $363,000, but the median price in the county’s largest
municipalities is $473,000.

Congress is considering raising the maximum loan to about $600,000, which
“would obviously help a lot of borrowers, especially in the Northeast.”

-- Brian J. Chappelle, founder of Potomac Partners in Washington,
consultants to the mortgage industry.

Continue reading "FHA mortgage limit should be $600,000" »

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Even affluent suburbs have their share of such borrowers.

Steven Habetz, chief executive of Threshold Mortgage, a
broker based on Westport, Conn., says subprime loans
account for about 5 percent of his business. That could
drop, though, as lenders leave the market.

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The Coruscation New York channel:
NY, Queens", CT, NJ, VT.

old NY Wiki 2003 January - 2005 October
old old NY Wiki 2003 January - 2004 January.

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Connecticut commuters' reporter Mark Ginocchio at the Stamford Advocate.

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Love Makes a Family's cable guy Ned Lamont (opponent of legitimate
Vice-President Joe Leiberman) events in Connecticut.

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Hatcityblog watches Danbury, CT.

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Starbucks in Southern Connecticut.
Coffee and WiFi.

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CT Council (serving riders on Metro-North's New Haven Division
& Shore Line East Railroads @TrainWeb), Metro North Commuter
at blogspot, and Metro North Commuters forum on RailRoad.net.

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Map for Fairfield, CT and Westchester, NY commuting locations.

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One portion of New Haven's facility symbolizes the city's transition from
an old economy industrial powerhouse to a growing force in the new
economy. New Haven's former Winchester Arms Company complex,
established in 1866 and open for more than a century, today is the
site of Science Park, a research-oriented business incubator.
Science Park houses more than 70 companies and 1,400 employees.

The park is in the midst of a three-year, $15 million redevelopment
plan that includes work to clear space for new state-of-the-art
manufacturing and laboratory facilities.

New Haven offers an extensive array existing facilities as well as
build-to-suit sites. The transformation of old to new also can
be seen in one of the city's hottest trends - turning industrial/
commercial space into loft-style living and working spaces. And
modern retail space is available in such rising areas as the
Ninth Square district, which is linked to successful shopping
areas at Wooster Square, Broadway and upper Chapel Street.

Continue reading "New Haven re-development" »

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Agent for some nice downtown New Haven apartments.

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