Live indicators that shape buying and renting in New York City: the Federal Reserve’s next move, today’s mortgage rates, recorded sales prices across the five boroughs and the direction of rents. Updated automatically throughout the day, with short notes from our team when something material changes.
At a glance
The Federal Reserve’s target range for the federal funds rate is 3.75%–4.00%. Prediction markets price “Hike 25bps” as the most likely outcome (89%) for On Dec 9, 2026. The average 30-year fixed mortgage rate is 7.11% (Freddie Mac, week of Nov 12). Jumbo 30-year loans, common for New York City purchases, average 7.29%.
Fed Rate Watch
Fed funds target range
3.75% – 4.00%
as of Nov 13, 2026
Next decision: On Dec 9, 2026
Market-implied probabilities from Kalshi, a CFTC-regulated prediction market. Not a forecast by Rossi Living.
On Jan 27, 2027
Market-implied probabilities from Kalshi, a CFTC-regulated prediction market. Not a forecast by Rossi Living.
Updated Nov 13, 2026 6:48 pm ET
As published Shown exactly as reported by the source; our automated checks found nothing to correct.
- Upper bound 4.00%
Show data table
| Month | Upper bound |
|---|---|
| Nov 2026 | 4.00% |
| Oct 2026 | 4.00% |
| Sep 2026 | 4.00% |
| Aug 2026 | 3.75% |
| Jul 2026 | 3.75% |
| Jun 2026 | 3.75% |
| May 2026 | 3.75% |
| Apr 2026 | 3.75% |
| Mar 2026 | 3.75% |
| Feb 2026 | 3.75% |
| Jan 2026 | 3.75% |
| Dec 2025 | 3.75% |
| Nov 2025 | 4.00% |
| Oct 2025 | 4.00% |
| Sep 2025 | 4.25% |
| Aug 2025 | 4.50% |
| Jul 2025 | 4.50% |
| Jun 2025 | 4.50% |
| May 2025 | 4.50% |
| Apr 2025 | 4.50% |
| Mar 2025 | 4.50% |
| Feb 2025 | 4.50% |
| Jan 2025 | 4.50% |
| Dec 2024 | 4.50% |
Latest from the Federal Reserve
- Federal Reserve announces revised tentative schedule of Federal Open Market Committee meetings in 2027 (opens in a new tab)
- Federal Reserve issues FOMC statement (opens in a new tab)
- Minutes of the Board's discount rate meetings on August 17, September 9, and September 16, 2026 (opens in a new tab)
- Minutes of the Federal Open Market Committee, September 15-16, 2026 (opens in a new tab)
- Federal Reserve issues FOMC statement (opens in a new tab)
Mortgage rates
30-year fixed (Freddie Mac, weekly)
7.11%
Nov 12 · −0.29 pts vs. 4 weeks ago
15-year fixed (Freddie Mac, weekly)
6.45%
Nov 12 · −0.26 pts vs. 4 weeks ago
30-year conforming (Optimal Blue, daily)
7.25%
Nov 12 · −0.04 pts vs. 4 weeks ago
30-year jumbo (Optimal Blue, daily)
7.29%
Nov 12 · −0.11 pts vs. 4 weeks ago
10-year Treasury yield (daily)
5.10%
Nov 12 · 0.00 pts vs. 4 weeks ago
- 30-yr fixed 7.11%
- 30-yr jumbo, daily 7.29%
- 10-yr Treasury 5.10%
Show data table
| Month | 30-yr fixed | 30-yr jumbo, daily | 10-yr Treasury |
|---|---|---|---|
| Nov 2026 | 7.11% | 7.29% | 5.10% |
| Oct 2026 | 7.24% | 7.36% | 4.94% |
| Sep 2026 | 7.03% | 7.36% | 5.29% |
| Aug 2026 | 6.66% | 6.71% | 4.75% |
| Jul 2026 | 6.66% | 6.69% | 4.75% |
| Jun 2026 | 6.49% | 6.40% | 4.44% |
| May 2026 | 6.53% | 6.70% | 4.45% |
| Apr 2026 | 6.30% | 6.43% | 4.40% |
| Mar 2026 | 6.38% | 6.55% | 4.30% |
| Feb 2026 | 5.98% | 6.13% | 3.97% |
| Jan 2026 | 6.10% | 6.25% | 4.26% |
| Dec 2025 | 6.15% | 6.34% | 4.18% |
| Nov 2025 | 6.23% | 6.44% | 4.02% |
National averages from Freddie Mac and Optimal Blue. New York lenders often price jumbo loans differently; ask us for a lender introduction for a personalized quote.
Updated Nov 13, 2026 4:38 pm ET
As published Shown exactly as reported by the source; our automated checks found nothing to correct.
New York: credit union mortgage rates
30-year fixed, NY median APR
7.28%
range 6.79%–8.49% · 34 offers
15-year fixed, NY median APR
5.75%
1 offer
Adjustable-rate, NY median APR
6.56%
range 6.74%–7.26% · 18 offers
APRs published by credit unions serving New York, compiled by RateAPI. Membership requirements apply. Updated every two days.
Updated Nov 13, 2026 10:53 am ET
Compare lender rates
Today’s published rates from major lenders active in New York:
- Chase (opens in a new tab)
- Citi (opens in a new tab)
- Wells Fargo (opens in a new tab)
- Bank of America (opens in a new tab)
- M&T Bank (opens in a new tab)
- TD Bank (opens in a new tab)
- Citizens (New York) (opens in a new tab)
- PNC (opens in a new tab)
- U.S. Bank (opens in a new tab)
Links are provided for convenience. Rossi Living receives no compensation from these lenders. Published rates often assume a specific state, loan amount and credit profile.
NYC sales
- Manhattan condos $1.83M
- Manhattan co-ops $875K
- Brooklyn condos $1.23M
Show data table
| Month | Manhattan condos | Manhattan co-ops | Brooklyn condos |
|---|---|---|---|
| Sep 2026 | $1.83M | $875K | $1.23M |
| Aug 2026 | $1.70M | $841K | $1.24M |
| Jul 2026 | $1.80M | $895K | $1.10M |
| Jun 2026 | $1.83M | $960K | $1.21M |
| May 2026 | $1.80M | $875K | $1.10M |
| Apr 2026 | $1.75M | $878K | $1.25M |
| Mar 2026 | $1.67M | $875K | $1.11M |
| Feb 2026 | $1.69M | $885K | $1.20M |
| Jan 2026 | $1.90M | $790K | $1.10M |
| Dec 2025 | $1.52M | $836K | $1.10M |
| Nov 2025 | $1.55M | $810K | $1.09M |
| Oct 2025 | $1.76M | $816K | $985K |
Last three months by borough
| Borough | Condo median | Co-op median | 1–3 family median | Sales |
|---|---|---|---|---|
| Manhattan | $1.75M | $856K | $4.59M | 2,193 |
| Brooklyn | $1.23M | $511K | $1.32M | 1,651 |
| Queens | $676K | $338K | $950K | 2,033 |
| Bronx | $344K | $276K | $801K | 478 |
| Staten Island | $525K | — | $773K | 363 |
Three-month figures are sales-weighted averages of monthly medians. Public records lag closings; recent months may be incomplete.
Updated Nov 13, 2026 12:53 pm ET
Reviewed & adjusted Rossi Living Data Review excluded 396 bulk or portfolio transfers (2,727 recorded sales) from these medians. In a bulk transfer the city records each unit separately but often repeats the total package price on every unit, which would distort the median. The largest: 280 units each recorded at $170.26M. Non-residential condos (hotel, parking, storage, commercial) are also excluded.
NYC rents by borough
What this measures: the Zillow Observed Rent Index (ZORI), a monthly measure of advertised asking rents. It is the average of listed rents in the middle of the market (the 35th to 65th percentile), covering all apartment and home types, weighted to represent the whole rental stock rather than only units currently listed, and smoothed as a three-month average. It is not a median and does not reflect concessions or renewal rents.
Manhattan
$4,779
Sep 2026 · +5.7% vs. a year ago
Brooklyn
$3,858
Sep 2026 · +5.2% vs. a year ago
Queens
$3,273
Sep 2026 · +3.7% vs. a year ago
Bronx
$2,823
Sep 2026 · +5.5% vs. a year ago
Staten Island
$2,553
Sep 2026 · +2.7% vs. a year ago
New York City overall
$4,089
Sep 2026
- Manhattan $4,779
- Brooklyn $3,858
- Queens $3,273
- Bronx $2,823
- Staten Island $2,553
Show data table
| Month | Manhattan | Brooklyn | Queens | Bronx | Staten Island |
|---|---|---|---|---|---|
| Sep 2026 | $4,779 | $3,858 | $3,273 | $2,823 | $2,553 |
| Aug 2026 | $4,785 | $3,855 | $3,256 | $2,823 | $2,530 |
| Jul 2026 | $4,762 | $3,835 | $3,244 | $2,831 | $2,539 |
| Jun 2026 | $4,715 | $3,807 | $3,216 | $2,799 | $2,523 |
| May 2026 | $4,644 | $3,770 | $3,197 | $2,813 | $2,519 |
| Apr 2026 | $4,572 | $3,725 | $3,167 | $2,790 | $2,494 |
| Mar 2026 | $4,497 | $3,686 | $3,148 | $2,773 | $2,513 |
| Feb 2026 | $4,437 | $3,643 | $3,135 | $2,742 | $2,517 |
| Jan 2026 | $4,407 | $3,611 | $3,131 | $2,739 | $2,536 |
| Dec 2025 | $4,423 | $3,605 | $3,137 | $2,763 | $2,494 |
| Nov 2025 | $4,457 | $3,621 | $3,140 | $2,736 | $2,467 |
| Oct 2025 | $4,498 | $3,653 | $3,152 | $2,718 | $2,464 |
| Sep 2025 | $4,521 | $3,669 | $3,157 | $2,677 | $2,485 |
| Aug 2025 | $4,524 | $3,678 | $3,150 | $2,682 | $2,490 |
| Jul 2025 | $4,479 | $3,658 | $3,119 | $2,669 | $2,474 |
| Jun 2025 | $4,416 | $3,631 | $3,084 | $2,685 | $2,465 |
| May 2025 | $4,350 | $3,591 | $3,062 | $2,684 | $2,482 |
| Apr 2025 | $4,304 | $3,553 | $3,050 | $2,692 | $2,479 |
| Mar 2025 | $4,248 | $3,509 | $3,040 | $2,677 | $2,460 |
| Feb 2025 | $4,196 | $3,463 | $3,015 | $2,678 | $2,434 |
| Jan 2025 | $4,155 | $3,440 | $3,002 | $2,686 | $2,408 |
| Dec 2024 | $4,146 | $3,439 | $2,987 | $2,658 | $2,381 |
| Nov 2024 | $4,159 | $3,462 | $2,991 | $2,632 | $2,351 |
| Oct 2024 | $4,190 | $3,483 | $2,999 | $2,606 | $2,354 |
Updated Nov 13, 2026 12:53 pm ET
As published Shown exactly as reported by the source; our automated checks found nothing to correct.
Methodology, sources and updates
How we handle the data
Most figures on this page are published exactly as reported by their sources and are labelled “As published”. Where public data is known to contain distortions, Rossi Living Data Review steps in: automated quality checks, developed with AI-assisted analysis and overseen by our team, detect and exclude records that would mislead, such as bulk or portfolio transfers recorded at a single package price. Those figures are labelled “Reviewed & adjusted”, with a note explaining what was excluded and why.
Update schedule
| Data | We check | Source publishes |
|---|---|---|
| Fed decision odds (Kalshi) | Every hour | Continuously, as markets trade |
| Federal Reserve announcements | Every hour | As released |
| Fed funds target range | Every 6 hours | Changes only at FOMC meetings (8 per year) |
| 30- and 15-year fixed (Freddie Mac) | Every 6 hours | Weekly, Thursdays at noon ET |
| Daily conforming and jumbo (Optimal Blue) | Every 6 hours | Business days, about one day behind |
| 10-year Treasury yield | Every 6 hours | Business days, about one day behind |
| New York credit union rates (RateAPI) | Every 2 days | Continuously |
| NYC recorded sales (Dept. of Finance) | Daily | Monthly; deeds are recorded weeks after closing |
| Rents by borough (Zillow ZORI) | Daily | Monthly, mid-month, for the prior month |
Sources
- Mortgage rates: Freddie Mac PMMS (opens in a new tab) (weekly) and Optimal Blue (daily), via FRED, Federal Reserve Bank of St. Louis (opens in a new tab). New York credit union rates: RateAPI (opens in a new tab).
- Fed funds target and 10-year Treasury: Board of Governors of the Federal Reserve System via FRED. Releases: federalreserve.gov (opens in a new tab).
- Decision odds: Kalshi (opens in a new tab) market prices.
- Sales: NYC Department of Finance rolling sales (opens in a new tab) via NYC Open Data.
- Rents: Zillow Observed Rent Index (opens in a new tab).
Disclaimer
All data is provided for general market information only and may contain errors, omissions, delays or later revisions by its sources. Figures are obtained from third parties deemed reliable but are not guaranteed, and our adjustments are statistical judgments, not appraisals. Nothing on this page is financial, lending, legal or investment advice, an offer to lend, or a valuation of any property. Rates shown are averages and are not an offer to lend; your rate will depend on your lender, loan and credit profile. Please verify any figure before relying on it and consult the appropriate professionals.
Questions about what these numbers mean for your purchase, sale or lease? Speak with an advisor.