Real Estate

Mortgage refinance incentives no more

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) increased to 3.36% from 3.28%, up 50 basis points since the beginning of the year. As a result, the incentives of refinancing have been shut off for many borrowers. 

Will Biden change real estate tax rates?

President Biden has said he intends to raise certain tax rates – but could real estate rates be affected by his potential changes to the tax code?

Connecticut’s zoning laws a focus in racial equity debate

After the police killing of George Floyd, a Connecticut law professor invited architects, planners and land use attorneys to a discussion of how local zoning worsens the state’s racial inequities. Over 200 people logged onto her impromptu Zoom meeting.