Rates fall again, and home prices keep cooling

Row houses on a sunny day

flammulated/GettyImages; Illustration by Hunter Newton/Bankrate

In the wake of this month’s sudden banking crisis, mortgage rates have fallen. In other news, learn about the ongoing cooldown of the housing market, and Rocket debuts a rewards card for future homebuyers.

Mortgage

Inked: Recent LI real estate deals

20 Pinehurst Drive, Bellport

Hydro Metal Holdings, an affiliate of Boilermatic Welding Industries, purchased a 19,172-square-foot industrial building on 1.76 acres at 20 Pinehurst Drive in Bellport for $5.3 million. The seller, Coast2Coast Real Estate, had purchased the property in