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.

Goals

• 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 Lingers Just Under 6.5 Percent – 08/22/2024

Although mortgage rates have stayed relatively flat over the past couple of weeks, softer incoming economic data suggest rates will gently slope downward through the end of the year. Earlier this month, rates plunged and are now lingering just under 6.5 percent, which has not been enough to motivate potential homebuyers. Rates likely will need to decline another percentage point to generate buyer demand.

News Facts

• The 30-year FRM averaged 6.46 percent as of August 22, 2024, up from last week when it averaged 6.64 percent. A year ago at this time, the 30-year FRM averaged 7.23 percent.
• The 15-year FRM averaged 6.12 percent, up from last week when it averaged 5.62 percent. A year ago at this time, the 15-year FRM averaged 6.55 percent.

 

 

UPCOMING EVENTS

Membership Meeting II – June Outing

What the Appraiser Should Know About Commercial Assessment Challenges: Are you Ready to Help your clients? – VIRTUAL

The Mid Hudson Chapter 9th Annual Appraisal Case Studies Seminar

7-Hour USPAP Update Course

Installation Holiday Dinner Meeting