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Massachusetts Home Buyer Guide

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Homebuyers Paying More for Homes in Massachusetts Through October 2021

Nov 26, 2021 6:04:04 PM

Massachusetts single-family home sales were flat through October 2021, but median home prices surged double digits during the first 10 months of the year.

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Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors

Mortgage Rates Below 3 Percent After Falling Two Straight Weeks

Nov 15, 2021 1:40:00 PM

After dropping for two consecutive weeks, U.S. mortgage interest rates dipped below 3 percent again, according to Freddie Mac's weekly Primary Mortgage Market Survey. 

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Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors, Mortgage Rates & News, New Hampshire, New Hampshire Association of Realtors, Rhode Island Association of Realtors, Rhode Island, New Hampshire Home Prices, Rhode Island Home Prices

Mortgage Rates Hold Steady For Second Week

Aug 28, 2021 9:26:29 AM

After increasing a bit for the week ending August 12, 2021, U.S. mortgage interest rates have remained relatively flat over the past two weeks, according to Freddie Mac's Primary Mortgage Market Survey. 

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Topics: Mortgage Rates & News

What Does It Mean When a Seller Pays Closing Costs in Massachusetts?

Jul 19, 2021 4:08:39 PM

For many Massachusetts first-time home buyers – and for move-up buyers who might have lost equity in their homes during a real estate downturn – the biggest obstacle to purchasing a home often is saving enough money for the down payment and closing costs.

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Topics: Home-buying Tips, Condominium, Mortgages 101, Real Estate Misc.

Mortgage Interest Rates Decline, Forecast to Rise Later in the Year

Jul 17, 2021 8:47:09 AM

U.S. Mortgage interest rates decreased for the third consecutive week for the week ending July 15, 2021, according to Freddie Mac's weekly Primary Mortgage Market Survey.

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Topics: Mortgage Rates & News

4 Questions First-time Homebuyers Ask About Appraisals

Jul 7, 2021 9:54:12 PM

When a homebuyer buys a home, the mortgage lender will want to know whether the house, condominium, or multi-family home is worth the amount of money the homebuyer has agreed to pay. The lender needs to evaluate the home to discover anything that might negatively or positively impact the home's fair market value. To determine a home's value, lenders order a home appraisal.

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Topics: Home-buying Tips

Mortgage Interest Rates Decline After Nearly Two-month Rise

Apr 10, 2021 8:26:18 PM

U.S. mortgage interest rates decreased for the week ending April 8, 2021, the first decline in interest rates after seven straight weeks of increases, according to Freddie Mac's weekly Primary Mortgage Market Survey.

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Topics: Mortgage Rates & News

Do Massachusetts Home Buyers Pay Taxes When Buying a Home?

Apr 6, 2021 5:42:00 AM

No, Massachusetts home buyers do not pay taxes on the purchase of real estate, but home sellers do pay something called tax stamps.

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Topics: Home-buying Tips, Real Estate Misc., Massachusetts Relocation, Real Estate Law, Boston Relocation

Mortgage Interest Rates Rise to Highest Level Since June 2020

Mar 21, 2021 6:57:26 AM

U.S. mortgage interest rates rose to the highest level in nearly nine months for the week ending March 18, 2021, according to Freddie Mac's weekly Primary Mortgage Market Survey.

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Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors, Mortgage Rates & News

Mortgage Interest Rates Reach Highest Point Since Summer 2020

Mar 8, 2021 4:33:40 PM

Mortgage interest rates in the U.S. rose to the highest level since July 2020, for the week ending March 4, 2021, according to Freddie Mac's weekly Primary Mortgage Market Survey.

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Canton, MA Real Estate Market: 10 Things Homebuyers Should Know

Feb 26, 2021 7:53:45 AM

The Canton, Massachusetts real estate market saw relatively modest single-family home price gains in 2020, while condominium prices jumped double digits.

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Topics: Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, Dedham MA, Haverhill MA, Real Estate Law, Wakefield MA, Acton MA, Canton MA, Waltham MA

Ashland, MA Home Prices Decline in 2020, Bucking Statewide Trend

Feb 21, 2021 8:11:16 AM

Despite a dramatic rise in real estate prices statewide in 2020, the median price of a single-family home in Ashland, Massachusetts declined last year, according to data compiled by the Massachusetts Association of Realtors.

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, Ashland MA

   

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