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Massachusetts Home Buyer Guide

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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

New Year Brings Lower Mortgage Interest Rates

Jan 6, 2019 2:14:49 PM

The start of 2019 continued the recent good news on the mortgage interest rate front for Massachusetts homebuyers.

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Topics: Mortgages 101

U.S. Mortgage Interest Rates Continue Two-month Slide

Dec 31, 2018 7:59:40 AM

Average U.S. mortgage interest rates declined again for the week ending December 27, 2018, reaching levels not seen in about six months, according to Freddie Mac's weekly Primary Mortgage Market Survey.

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Topics: Mortgage Rates & News

Massachusetts Home Sales Decline in November 2018

Dec 27, 2018 7:30:05 PM

Real estate professionals again blamed limited inventory for declining home sales and increasing home prices, the Massachusetts Association of Realtors (MAR) reported December 27, 2018.

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

Average U.S. Mortgage Interest Rates Decline

Dec 8, 2018 9:27:36 AM

U.S. homebuyers got a break from rising interest rates for the week ending December 6, 2018, according to Freddie Mac's weekly Primary Mortgage Market Survey.

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Topics: Mortgage Rates & News

Massachusetts Home Sales Decline October 2018

Dec 2, 2018 8:42:58 AM

Massachusetts single-family home sales and condominium sales declined in October compared to October 2017, the Massachusetts Association of Realtors (MAR) reported November 28, 2018.

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Topics: Real Estate Market, Massachusetts Home Prices

U.S. Mortgage Interest Rates Slip Back

Nov 4, 2018 8:06:32 AM

The average U.S. mortgage loan interest rate declined slightly for the week ending November 1, 2018, according to Freddie Mac's weekly Primary Mortgage Market Survey.

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Topics: Mortgage Rates & News

U.S. Mortgage Interest Rates Flat

Oct 27, 2018 3:17:11 PM

Average U.S. mortgage interest rates were mostly flat for the week ending October 25, 2018, after declining 5 basis points the previous week, according to Freddie Mac's weekly Primary Mortgage Market Survey.

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Topics: Mortgage Rates & News

Massachusetts Home Sales Plunge in September 2018

Oct 25, 2018 4:44:27 PM

Massachusetts single-family and condominium home sales declined on a year-over-year basis in September 2018, the Massachusetts Association of Realtors reported October 24, 2018.

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

   

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