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Massachusetts Home Buyer Guide

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After Jump, Mortgage Interest Rates Drop

Mar 23, 2017 1:38:40 PM

After a jump last week, average U.S. mortgage interest rates declined for the week ending March 23, 2017, according to Freddie Mac's weekly Primary Mortgage Market Survey.

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Topics: Mortgage Rates & News

Mortgage Interest Rates Half Point Higher Than Last Year

Mar 21, 2017 6:15:00 AM

Massachusetts homebuyers preparing to enter the Greater Boston real estate market now that spring has arrived will be faced not only with scarce inventory and competition from other buyers but higher interest rates too. 

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Topics: Mortgage Rates & News

U.S. Mortgage Interest Rates Hit 2017 High

Mar 13, 2017 10:50:07 AM

Average U.S. mortgage loan interest rates increased to the highest average rate since the start of the year, according to Freddie Mac's weekly Primary Mortgage Market Survey for the week ending March 9, 2017. 

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Topics: Mortgage Rates & News

After an Uneventful Month, U.S. Mortgage Interest Rates Decline

Mar 7, 2017 11:20:14 AM

After initially declining a little at the start of the year and then remaining flat for about a month, average U.S. mortgage interest rates declined for the week ending March 2, 2017, according to Freddie Mac's weekly Primary Mortgage Market Survey. 

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Topics: Mortgage Rates & News

What Are Mortgage Interest Rates Doing?

Mar 1, 2017 9:47:03 AM

U.S. mortgage interest rates have changed by only two basis points or less over a four-week period, according to Freddie Mac's Primary Mortgage Market Survey. 

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Topics: Mortgage Rates & News

U.S. Mortgage Interest Rates Decline Second Straight Week

Feb 20, 2017 8:45:00 PM

Average U.S. mortgage interest rates declined for the second consecutive week, Freddie Mac reported February 16, 2017, through its weekly Primary Mortgage Market Survey; however, interest rates averaged a half-point more than last year. 

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Topics: Mortgage Rates & News

U.S. Mortgage Interest Rates Decline Slightly

Feb 12, 2017 3:37:08 PM

Average U.S. mortgage interest rates slightly declined for the week ending February 9, 2017, and remained within a two-basis-point range over the past three weeks, according to Freddie Mac's weekly Primary Mortgage Market Survey.

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Topics: Mortgage Rates & News

U.S. Mortgage Interest Rates on the Rise Again

Jan 29, 2017 10:47:48 AM

The average mortgage interest rate in the United Stated increased for the first time in 2017 after three weeks on declines, according to Freddie Mac's Primary Mortgage Market Survey released January 26, 2017. 

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Topics: Mortgage Rates & News

Mortgage Interest Rates Decline Third Consecutive Week

Jan 22, 2017 11:59:36 AM

Average U.S. mortgage interest rates declined for the third straight week for the week ending January 19, 2017, according to Freddie Mac's Primary Mortgage Market Survey. 

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Topics: Mortgage Rates & News

What are the Income Limits for a MassHousing Loan?

Jan 14, 2017 3:24:23 PM

The bad news is the income limits just declined in December. The good news is that the income limits for MassHousing Mortgages are still higher than you might think. 

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Topics: Mortgages 101, Loan Programs, Mortgage Rates & News

Mortgage Interest Rates Decline Again

Jan 13, 2017 11:45:00 AM

Average U.S. mortgage interest rates declined for the second consecutive week, according to Freddie Mac's Primary Mortgage Market Survey released January 12, 2017. 

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Topics: Mortgage Rates & News

FHA Reduces Mortgage Insurance Premiums

Jan 12, 2017 6:18:33 PM

(UPDATE: The Trump Administration on January 20, 2017 indefinitely suspended the recently announced FHA mortgage insurance premium reduction.)

Homebuyers will pay less for mortgage insurance when purchasing a home with an FHA loan starting later this month, the Federal Housing Administration (FHA) announced January 9, 2017; however, most Massachusetts homebuyers with credit scores 680 or higher still will have more appealing low down payment financing options.

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Topics: Mortgages 101, Loan Programs, Mortgage Rates & News, FHA

    

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