Welcome to the Mid Hudson Chapter of the Appraisal Institute. Here you will find a directory of our Members and Candidates for Designation who are among the most experienced and best-educated appraisers in a region that stretches from the New York City metropolis northward through the Hudson Valley and the Catskills toward the Capitol District. The Appraisal Institute is widely acknowledged as the PREMEIR professional organization of real estate appraisers in the United States, Canada and beyond. Its designated members (SRA
for residential appraisers and MAI for residential and commercial appraisers) are recognized within the profession as possessing the highest standards of ethics and competence as well as a lifelong commitment to ongoing training and education.
Appraisal Institute Mission
Our mission is to empower valuation professionals through community, credentialing, education, body of knowledge and ethical standards.
Appraisal Institute Core Values
- Dedicated to excellence, professionalism, ethics and integrity.
- Committed to leadership and innovation.
- Devoted to an inclusive and welcoming community.
- The Appraisal Institute will protect and improve the value of affiliation.
- The Appraisal Institute will provide leadership toward a unified and inclusive profession with diverse perspectives.
- Appraisal Institute professionals will be consistently sought out by users of valuation services.
- The Appraisal Institute will improve the diversity of its affiliated professionals.
Mortgage Rates Rise – 02/15/2024
“On the heels of consumer prices rising more than expected, mortgage rates increased this week,” said Sam Khater, Freddie Mac’s Chief Economist. “The economy has been performing well so far this year and rates may stay higher for longer, potentially slowing the spring homebuying season. According to our data, mortgage applications to buy a home so far in 2024 are down in more than half of all states compared to a year earlier.”
- The 30-year FRM averaged 6.77 percent as of February 15, 2024, up from last week when it averaged 6.64 percent. A year ago at this time, the 30-year FRM averaged 6.32 percent.
- The 15-year FRM averaged 6.12 percent, up from last week when it averaged 5.90 percent. A year ago at this time, the 15-year FRM averaged 5.51 percent.