Navigating Long Island’s Mortgage Crisis: A Tale of Rising Rates and Resilient Homebuyers

The Long Island real estate landscape is undergoing a seismic shift, with mortgage rates reaching their highest levels since 2000. This surge, as reported by Newsday, has brought challenges to prospective homebuyers, impacting affordability and reshaping the dynamics of the housing market. “Many homeowners are opting to stay put, undertaking additions or renovations to transform […]