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.
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
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
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
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
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 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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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
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
Mortgage interest rates in the U.S. rose to the highest level since November 2020, for the week ending February 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
Haverhill, Massachusetts single-family home prices rose double digits in 2020 and have skyrocketed over the past decade, 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,
Haverhill MA
Mortgage interest rates in the U.S. remained unchanged for the second consecutive week, for the week ending February 11, 2021, according to Freddie Mac's weekly Primary Mortgage Market Survey.
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Topics:
Mortgage Rates & News