When you are ready to buy a home your credit score plays a big role in determining what mortgage loan programs you might qualify for, as well as how much you'll pay for mortgage insurance, if you lender requires it. The better a homebuyer's credit risk the more lending opportunities are available to him or her.
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Topics:
Mortgages 101,
Loan Programs,
Mortgage Rates & News
Massachusetts foreclosure starts and completed foreclosures increased in February compared to the previous year, according to data compiled by The Warren Group, a publisher of real estate information.
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Topics:
Real Estate Market,
Foreclosure News,
The Warren Group
The median price of a single-family home in Massachusetts declined for the first time in nine months, but the number of homes sold was the most in February since 2004, the Massachusetts Association of Realtors reported March 22, 2016.
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Topics:
Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors
Massachusetts first-time home buyers who fall into the low- to moderate-income category will want to consider the "ONE Mortgage" loan program from the Massachusetts Housing Partnership.
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Topics:
Home-buying Tips,
Mortgages 101,
Loan Programs
Single-family home sales in Boston's West Roxbury neighborhood increased 22.3 percent in 2015 to 214 houses sold compared with 175 sales in 2014, according to data compiled by the Greater Boston Association of Realtors.
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Topics:
Real Estate Market,
Community Information,
Massachusetts Home Prices,
West Roxbury MA
Single-family home and condominium prices increased in 2015 in Brookline, Massachusetts, according to data compiled by the Greater Boston Association of Realtors. The following are six 2015 real estate statistics that Brookline, Massachusetts homebuyers should know.
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Topics:
Real Estate Market,
Community Information,
Massachusetts Home Prices,
Brookline MA
The median price of single-family homes and condominiums in Newburyport, Massachusetts increased in 2015, according to data compiled by the Massachusetts Association of Realtors and MLS Property Information Network, Inc. The following are eight real estate market statistics from 2015 Newburyport homebuyers should know.
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Topics:
Real Estate Market,
Community Information,
Massachusetts Home Prices,
Newburyport MA
Negative equity in homes across the United States is holding back the housing market and limiting real estate inventory, the Zillow Group reported March 9, 2016, but data show the percentage of homes in the Boston area underwater was only about half the national average.
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Topics:
Real Estate Market,
Mortgage Rates & News,
Boston,
Boston Relocation
U.S. mortgage purchase applications rose 4 percent last week to the highest level since January, and purchase applications are 30 percent higher than during the same time last year, according to the Mortgage Bankers Association.
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Topics:
Mortgage Rates & News
The real estate industry has a lot of jargon that often is confusing to homebuyers. For example, it's not unusual for Massachusetts first-time homebuyers to confuse appraised value, assessed value and, most importantly, fair market value.
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Topics:
Home-buying Tips,
Video
Massachusetts foreclosure petitions increased for the 23rd straight month on a year-over-year basis in January 2016 and were at the highest number since January 2013, The Warren Group, publisher of Banker & Tradesman, reported March 1, 2016.
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Topics:
Real Estate Market,
Foreclosure News,
The Warren Group
When you buy a single-family home or condominium in Massachusetts your mortgage lender will want to know whether the home you are buying is worth the amount of money you have agreed to pay the seller.
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Topics:
Home-buying Tips,
Mortgages 101,
Real Estate Misc.