I've also been hitting the road, meeting with community groups from Cypress Hills, to the N.W. Bronx, to Buffalo to Troy to Syracuse to Rochester. However, it is not only a matter of curbing lending abuses. As a Wall Street investment banker, I regularly brought market opportunities to the attention of my clients. There is a much more important market opportunity that is out there right now. My travels around the state are aimed at pointing out the market opportunity especially to those who may not realize that they can go from renting to owning their own home.
Mortgage rates are at historic lows and it is a great time to buy a home in New York State.
I am passionate about the American dream of owning your own home. For most people, buying a home is an incredibly daunting experience. It may be the single largest purchase a family or individual may make in their lifetime. I have been walking people through our newly re-vamped website that provides a comparison of mortgage rates by region. The Department is ready to help people navigate through the transaction process and we are pointing out all of the counseling that is available not only from us, but also from faith based organizations and community groups.