BellTel Lofts in Downtown Brooklyn recently made some waves with its 4.00% fixed mortgage rate offer for new buyers (the national average is just under 5%), but the Toll Brothers are going lower. This week the homebuilder started offering a 3.99% rate for loans $417,000 or below. That cuts out a large chunk of Toll's NYC properties, but it's unclear if the offer even extends to those projects. [Dow Jones]
Filed under:
Loading comments...