Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.77 percent, down from 3.82 percent at this same time last week.
The 30-year fixed mortgage rate fell steadily last week before settling at the current rate.
“Rates eased last week on Europe’s weak economic data and the unexpected rate cut from China’s central bank,” said Erin Lantz, vice president of mortgages at Zillow. “Looking ahead, with several important U.S. data reports scheduled for release, we expect modest volatility in this holiday-shortened week.”
Additionally, the 15-year fixed mortgage rate this morning was 2.96 percent, and for 5/1 ARMs, the rate was 2.78 percent.
Lauren Bacall’s Iconic New York Apartment Just Listed
Classic Hollywood icon Lauren Bacall’s equally-iconic, long-time residence in New York is for sale following the actress’ August death at age 89.
Bacall purchased the elegant apartment in New York’s famed Dakota building after the death of her first husband, Humphrey Bogart, in 1957. She quickly wearied of the Hollywood scene and wished to move back to New York City. Bacall reportedly called her business manager and told him to cash in all of her stock. She had her eye on the Dakota and purchased the stunning apartment for a mere $48,000, an acquisition that served the actress well the rest of her life.
The uniqueness of this apartment can hardly be overstated, even for the Dakota. A private mahogany vestibule opens into the apartment, where five rooms have a combined 100 feet of Central Park views. An original fireplace is a stunning centerpiece, as are all of the original 19th-century details, including 13-foot ceilings, original pocket doors throughout the house, hard wood flooring, butler’s pantry, built-ins and a Juliet balcony that overlooks the Park, to mention a few. Having lived here since the 1960s, Bacall hardly made any changes and the original floor plan is still intact.
Other famous Dakota residents include John Lennon and Yoko Ono, Judy Garland, Roberta Flack, Connie Chung and John Madden. There are even reports of supernatural inhabitants of the building where John Lennon was killed just outside the gate. Yoko Ono still lives at the Dakota but has had trouble selling her other New York penthouse.
Pattinson No Longer Living in “Twilight”
With a new girlfriend in tow, English actor Robert Pattinson is the new owner of a two-bedroom home in the Hollywood Hills.
According to Variety, the house was purchased under a trust for $2.176 million and fits Pattinson’s preferred style: Spanish Colonial. The low-slung hacienda sports vintage terra-cotta tile, wood flooring, curved archways and custom built-ins.
With this move, Pattinson further distances himself from the snag he hit in his Los Feliz home, the one he shared with Kristen Stewart until she so notoriously cheated on him. Pattinson sold that home to “Big Bang Theory” star Jim Parsons.
No Messing Around
Debra Messing is starring as New York Police Department homicide detective in “The Mysteries of Laura” on NBC, but in real life, she needed some new digs. With her two-and-a-half-year relationship with actor Will Chase kaput, Messing has moved on. Literally.
The actress paid $5.45 million for an elegant eighth-floor co-op on the Upper East Side. The prewar building boasts old-school style with its 10-foot ceilings and has a master suite plus three additional bedrooms.
Messing, best known for her starring role in “Will & Grace,” has been a busy real estate buyer and seller. She recently sold her L.A.-area home for $11.4 million.
By Laura Vecsey
Zellweger Selling Hamptons Home
Frist she listed her historic Connecticut property for sale. Now the Academy Award-winning actress has listed her East Hampton home for $4.45 million. Located just a few blocks from the ocean, the newly-renovated retreat has 3 bedrooms, a den, 2-car garage and loft.
It’s No Joke: Jon Stewart Sets Record Sale
Comedy Central star Jon Stewart of “The Daily Show” may have been laughing all the way to the bank after he snagged $17.5 million for his lower Manhattan penthouse. The New York Times reported that it was the highest-priced sale in the city for the week.
Stewart bought the 5,800-square-foot duplex at 161 Hudson Street in 2005 for $5.8 million, but saw a whopping $3,000-per-square-foot deal close on the massive 9A/9B unit. The penthouse is inside a 1911 building that had been converted to 24 loft units in 2003. The Tribeca building has also been home to the likes of actor Jeremy Piven and former NY Mets catcher Mike Piazza.
Cumming Sells Small Abode Way Off Broadway
Alan Cumming’s penthouse studio at 7 Lexington Ave across from the Gramercy Park Hotel has sold for $762,500. “The Good Wife” and “Cabaret” star quietly owns two other properties in Manhattan, so the renovated alcove studio was ready for its final curtain. Cumming bought the property in 2011 for $580,000, but has since found a new home in the East Village.
By Laura Vecsey
Taylor Swift Shaking It Off In High Style
While native New Yorkers may have their feathers in a flap over Taylor Swift’s Big Apple invasion, you have to hand it to the savvy songstress. When she buys real estate, whether in Nashville, Beverly Hills or Rhode Island, she’s goes big and calls it home.
Swift recently purchased a Tribeca penthouse from “Lord of the Rings” movie maestro Peter Jackson. Rolling Stone made a stop at the apartment recently, now that Swift is promoting her new album, “1989,” and has been a fixture on all sorts of magazine covers and the occasional New York Knicks’ games.
Swift’s NYC digs cost her $19.95 million and leaves her no shortage of room to hang with buddies like Ed Sheeran. There are 7 bedrooms, 5.5 bathrooms and a cool warehouse-loft feel with exposed brick and overhead beams. And given Swift’s fastidious call for security, she is said to have purchased a smaller, 3-bedroom unit across the hall for her staff.
Tom Cruise, Jeff Gordon Selling Big Colorado Estates
The Tom half of TomKat is looking to unload his Telluride estate. The price is $59 million for the cedar and stone estate that the Hollywood star designed and built back in 1994.
With no wife these days, his two older children grown and daughter Suri with Katie Holmes most of the time, Cruise has little need or time for the Colorado spread.
The estate includes 298 acres of national forest land and the nearly 10,000-square-foot main residence has 4 bedrooms and 6 full bathrooms. There’s also a 1,600-square-foot guesthouse with 3 bedrooms and 3 full baths.
Meanwhile, another pretty-faced thrill-seeking star is looking to unload his Colorado ranch. NASCAR king Jeff Gordon has dropped the price of his 1,930-acre ranch in Missouri Heights, north of Aspen.
Gordon originally listed for $12.5 million in May 2013 and knocked down to $10.95 million last October. The eternally verdant land is now priced at $10.5 million. In addition to killer alpine views, one major draw of Gordon’s ranch is its ample water rights and no conservation restrictions.
By Laura Vecsey
Celebrities Picking Up Bedford, NY Properties
Now here’s a threesome: Catherine Zeta-Jones, Michael Douglas and Bruce Willis.
Well, not completely together, but in the same tony area of Bedford, New York.
After reconciling, Zeta-Jones and Douglas have sold one Bedford area home and bought another for $11.25 million – perhaps a way for the Oscar winners to make a fresh start in a bigger, better Colonial in Westchester County, about an hour north of New York City.
How hot is Bedford? Hot enough to attract yet another Hollywood star.
Willis has purchased a hilltop property overlooking the bucolic Croton Reservoir for $12 million. The estate has 5 bedrooms, 6 baths, a pool and heated cabana. He also purchased adjoining properties that include an additional 8 acres and 2 guest cottages.
The spread gives Willis an option for when he and his family need a break from the sumptuous Central Park West apartment he bought from U2 bassist Adam Clayton.
Willis has long been a fan of country living. In fact, he owned tons of property in Hailey, ID dating back to when he was married to Demi Moore. But his new place still gives Willis room to roam: 22.32 acres on one of the highest points in Bedford.
As for Zeta-Jones and Douglas: Their new digs come in the form of a 19th-century estate that spans 15,458 square feet and includes 8 bedrooms, 13.5 baths, equestrian facilities, gardens, greenhouse, tennis court and pool.
Other famous residents of Bedford include Bill and Hillary Clinton and Ryan Renyolds and Blake Lively.