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Massachusetts Home Buyer Guide

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What are the Income Limits for a MassHousing Loan?

Mar 27, 2019 12:20:00 PM

Many first-time home buyers are surprised at how much money they can earn and still qualify for a MassHousing Mortgage.  

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

Mortgage Interest Rates Continue 2019 Slide

Mar 22, 2019 3:03:44 PM

Last fall prospective homebuyers may have thought the era of super-low interest rates had finally ended when average mortgage interest rates in the United States topped 5 percent for the first time in about seven years.

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Topics: Mortgage Rates & News

Massachusetts First-time Homebuyers Have Down Payment Assistance Option

Mar 20, 2019 6:42:04 PM

No cash for a down payment? That's not a problem for qualified first-time homebuyers.

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Topics: Home-buying Tips, Mortgages 101, Loan Programs

Mortgage Interest Rates at Lowest Level in 13 Months

Mar 19, 2019 2:26:47 PM

Average U.S. mortgage interest rates dropped 10 basis points for the week ending March 14, 2019, according to Freddie Mac's weekly Primary Mortgage Market Survey.

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Topics: Mortgage Rates & News

U.S. Mortgage Interest Rates Up, Still Below Year-Ago Levels

Mar 10, 2019 8:12:14 PM

Average U.S. mortgage interest rates increased for the first time in four weeks, according to Freddie Mac's weekly Primary Mortgage Market Survey.

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Topics: Mortgage Rates & News

U.S. Mortgage Interest Rates Lower Than Last Year

Mar 2, 2019 12:45:38 PM

Average U.S. mortgage interest rates were flat for the week ending February 28, 2019, but were lower than the same week last year, according to Freddie Mac's weekly Primary Mortgage Market Survey.

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Topics: Mortgage Rates & News

Massachusetts Condominium Inventory Increases in January 2019

Feb 28, 2019 2:18:48 PM

Half of the Massachusetts real estate inventory situation improved for homebuyers to start 2019, the Massachusetts Association of Realtors (MAR) reported February 27, 2019.

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

U.S. Mortgage Interest Rates Decline for Third Straight Week

Feb 25, 2019 1:05:46 PM

Average U.S. mortgage interest rates have declined for three consecutive weeks, and interest rates were lower than the same week last year, according to Freddie Mac's weekly Primary Mortgage Market Survey.

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Topics: Mortgage Rates & News

U.S. Mortgage Interest Rates Decline to 10-month Low

Feb 11, 2019 12:58:27 PM

Average U.S. mortgage interest rates declined to start February 2019 and are less than 10 basis points higher than average rates a year ago, according to Freddie Mac's Weekly Mortgage Market Survey for the week ending February 7, 2019.

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Topics: Mortgage Rates & News

Low Inventory Did Not Stop Massachusetts First-time Homebuyers in 2018

Feb 8, 2019 9:09:11 AM

Despite tight inventory and rising home prices, Massachusetts first-time homebuyers made up more than a third of buyers statewide in 2018, the National Association of Realtors (NAR) reported recently.

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Topics: Real Estate Market, Massachusetts Association of Realtors, Real Estate Misc., National Association of Realtors

Massachusetts Home Sales Down, Prices Up in 2018

Feb 4, 2019 6:59:50 PM

The number of single-family homes and condominiums sold in Massachusetts declined in December 2018, as well as for the entire year, the Massachusetts Association of Realtors (MAR) reported on January 23, 2019.

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

What is a 'Perc' Test When Buying Land in Massachusetts

Jan 15, 2019 1:49:00 PM

When a Massachusetts homebuyer purchases land to build a new construction home that will need a septic system, a percolation test, commonly referred to as a "perc" test, must be completed to determine the design of the septic system

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Topics: Home-buying Tips, Real Estate Misc., Real Estate Law, New Construction

   

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