Real Estate/Mortgage Rate News


The average rate for 30 year Fixed Rate Mortgages, per Freddie Mac survey, was 3.83 %, for the week ending September 21st, up 5 points from the previous week.

The average rate in July was 3.97% and in August, 3.88%.

New York City residents! Ready to Buy your new home? Need a mortgage? First Time Homebuyers welcome. Lets get started in the Pre Approval process.

All Cash Buyers, lets go Shopping today!

For a confidential discussion on Mortgages, First Time Homebuyers, Resales, Condo Purchases, Buying and/or Selling, call or email  us today.

212-561-6720 – Office

646-599-0347 – Mobile

Mortgage Rates as of September 7, 2017


Hello All,

Enclosed you will find a list of rates, that will offer Prospective Real Estate Buyers, a numerical snapshot of Mortgage Rates available. Of course, all of these numbers vary per individual Credit Scores.

Ready to purchase your Home, Condo, in NYC? First Time Home Buyer? Call us today for your confidential discussion, and the steps necessary to get Pre-Approved for your Mortgage. 212.561.6720/

*Conforming Loan Amounts – $424,100 and below:

30 Year Fixed – Rate/3.875% – APR/3.910%

20 Year Fixed – Rate/3.625% – APR/3.673%

15 Year Fixed – Rate/3.125% – APR/3.185%

*Jumbo Loan Amounts – $424,101 and above:

30 Year Fixed – Rate/3.625% – APR/3.644%

15 Year Fixed – Rate/3.125% – APR/3.158%

How I Became An Entrepreneur and CEO

FD Allen Group Inc.

Featured Image -- 662

As a boy growing up in Harlem, I was always the dreamer. Of course this was many sunsets ago, long before the computer was created, and Social Media, were words that had yet to be conjoined and born. I was and still am, a voracious reader of any and every type of book,that opens my eyes to the world we reside in, as Global Neighbors!

One thing for certain, I was enamored with Finance, Wall Street, Real Estate, and promised myself that, one day, I too would become a CEO of a Fortune 500 Corporation.

After college, I went right to work on Wall Street, for a small company, named Merrill Lynch.

I proceeded to spend many years in the trenches, trading Precious Metals(Gold,Silver,Platinum) and later started to trade Mortgage Backed Securities,(MBS). These are the lifelines of Real Estate, as this is the pool of Investments that Banks and other Financial…

View original post 1,208 more words

#NOFEE #Luxury #Rentals #NYC


The following list of rentals, represents a select group of Manhattan Luxury Apartments, that have No Broker Fees attached, which is a significant advantage for budget conscious renters.

To schedule Immediate viewings and rentals, call or email us today for Appointments and Details.



NO FEE Manhattan Apartments

*Neighborhood – Hells Kitchen/West 57 Street

STUDIO/1 Bathroom/$3092

1 Bedrooms/1 Bathroom/$3692

2 Bedrooms/2 Bathroom/$5908

*Neighborhood – Midtown West/West 53rd Street

Alcove Studio/1 Bathroom/$3200

1 Bedroom/1 Bathroom/$3415

1 Bedroom/1 Bathroom/$3800

1 Bedroom/1 Bathroom/$3875

*Neighborhood – Downtown/Financial District

STUDIO/1 Bathroom/$3275

STUDIO/1 Bathroom/$3550

1 Bedroom/1 Bathroom/$3925

1 Bedroom/1 Bathroom/$4265

*Neighborhood – Tribeca

STUDIO/1 Bathroom/$3500

STUDIO/1 Bathroom/$3850

1 Bedroom/1 Bathroom/$4175

2 Bedroom/2 Bathrooms/$6000

2 Bedroom/2 Bathrooms/$6900

*Neighborhood – West Village

STUDIO/1 Bathroom/$3425

1 Bedroom/1 Bathroom/$4925

1 Bedroom/ 1Bathroom/Penthouse/$5775

1 Bedroom/1 Bathroom/Duplex/$6175

Welcome to the #HOTTEST #RealEstate #Market in #NYC. #TheBRONX



Just as the Headline states, THE BRONX, is the HOTTEST new Real Estate market in NYC. Once upon a time, THE BRONX had some of the most eloquent residential buildings and boulevards imaginable.  Over the decades, crime, drugs, and poverty hit a lot of BRONX neighborhoods, and a lot of properties fell in into eyesores, and disrepair, from many years of non development and neglect.

No longer the Step Child Borough, THE BRONX is fast becoming the place to live again, with an abundance of Land Space, New Developments, Renovations, and Gentrification, pushing the trend to community greatness, pride and a place to call home again.

Some BRONX neighborhoods have experienced a 300% percent Market Appreciation, in the last 24 months.

With Pre War Condos, built in a time of Masonry Excellence, these buildings and units are huge and spacious, and the craftsmanship and construction, will never be duplicated.

Prices have always been somewhat more affordable uptown in THE BRONX, than in other Boroughs or areas of NYC. With the new Real Estate market being on fire, prices are rising for Buyers and Sellers.

Once a safe haven for low budget Renters, the average one bedroom is now $1300-$1500 and climbing, still a bargain compared to Manhattan and Brooklyn rentals, but this is rapidly changing, as prices are starting to reflect the injection of new life, energy, and businesses in the Borough.

My advice for New Buyers, that are Budget Conscious, is to pick up a Condo uptown, and watch your market value soar, like a Hot Stock on Wall Street. Or just sit back and applaud yourself for making a really savvy business deal.

The average price for a One Bedroom Condo Purchase is $125,000-$150,000, depending on Zip Code, excellent price points for First Time Home Buyers and Buyers that cannot afford more purchase power.

To schedule your Free, Real Estate Consultation, on Buying and Selling in THE BRONX, call or email us today, for Excellent White Glove Service and Representation.

FD Allen Group Inc/Licensed Real Estate Broker/212.561.6720/

#BusinessProfile – #FDAllenGroupInc #NYC

fdallengroupThe FD Allen Group Inc, is a 15 year old Luxury Real Estate Company, based in Manhattan, NYC, that specializes in Luxury Condo Sales, Rentals, Relocation, Investments, New Developments and Resales in Manhattan, Brooklyn, Bronx and Queens.

As a boutique brokerage firm, in the heart of the city, we have collectively over 30 years of Real Estate experience, working in conjunction with the largest firms in NYC, including Nestseekers International, Douglas Elliman, Corcoran, Halstead, and Brown Harris Stevens.

In today’s hectic, and ever changing landscape of Internet based available listings, with clients seeking the best available products, we pride ourselves on being small enough to handle any singular request, and large enough to have access to any and all, High End, Million Dollar Listings in NYC.

If you are an Investor, Buyer, or Seller, looking to acquire or liquidate Real Estate in NYC, we are your Luxury Boutique, one stop shop, with every advantage that a large firm has, with absolute consistency, a stellar reputation, and our “CommittmentOfExcellence”, to our clients.

We also specialize in working with Professional Sports Athletes and their Families with Housing, Temporary to Permanent Relocations in NYC, Miami, and Los Angeles. In Season/Off Season. NFL NBA NHL MLB WNBA.

To schedule your Confidential Real Estate Investment Analysis, call or email us today:

Frank Allen- Founder and CEO

FD Allen Group Inc.

Licensed Real Estate Broker


#Luxury #Furnished #Condo 100 #UNPlaza #NYC



100 United Nations Plaza, one of the most prestigious addresses in Manhattan. Located on the East River, in Turtle Bay, just steps away from the United Nations, across the street. Full Service, Luxury Doorman Building.

Now offering a One Bedroom Furnished Condo Rental, for $3800 per month. This unit can also be rented unfurnished for $4000 per month. Superb location for Diplomats, Business Travelers, and Corporate Relocation.

There is a 6 month minimum for Furnished, and a 12 month minimum for Unfurnished.

To schedule your immediate viewing and rental, call today: 212.561.6720

FD Allen Group Inc/Licensed Real Estate Broker/



#Renters Delight – Summer in #NYC


This year, 2017, the Manhattan Real Estate market, has been as nontraditional, as any I have witnessed in 20 years of Luxury Real Estate Sales  and  Rentals in NYC.

There is an abundance of Brand New Apartments, sitting empty, which is not the usual in Manhattan.Certainly pricing is always a factor. With so many half filled buildings, Management companies and Developers are feeling the heat, and are offering unheard of  concessions, to attract new tenants, renters, to lease signings.

15 month leases, with 2 months free, plus No Broker Fees, are just a few of the incentives offered to the large pool of potential renters. 

I advise you take to advantage of the savings and concessions being offered, because they will not last forever, and thats a promise.

Ready to move into your new Luxury Apartment? Give us a call today.

FD Allen Group Inc/Licensed Real Estate Broker

Luxury Condo Sales, Apartment Rentals NYC


#Luxury #NYC #Apartment #Rentals


Welcome to Tribeca, just steps away from the Hudson River! Luxury No Fee Apartments, available now. Located downtown Manhattan, minutes from the Financial District, Freedom Tower, Wall Street, Chelsea and Greenwich Village.

This Luxury property comes with Doorman, Concierge,Roof Deck, Fitness Center, Valet, and On Site Starbucks.

STUDIOS start at $3200.00

1 Bedrooms start at $3600.00

Call us today to make your Appointment to View and Tour this property.