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Massachusetts Home Buyer Guide

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Will Jump in U.S. Mortgage Interests Rates Weaken Homebuyer Demand?

Jun 1, 2023 3:46:29 PM

The average rate in the United States for the 30-year, fixed-rate mortgage rose nearly a half point for the week ending June 1, 2023, according to Freddie Mac's weekly Primary Mortgage Market Survey (PMMS).

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Topics: Mortgage Rates & News

Mortgage Interest Rates Decline for Third Consecutive Week

Apr 2, 2023 4:15:17 PM

Average U.S. interest rates for the 30-year, fixed-rate mortgage loan decreased for the third consecutive week for the week ending March 30, 2023, according to Freddie Mac's weekly Primary Mortgage Market Survey (PMMS).

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Topics: Real Estate Market, Mortgage Rates & News

Massachusetts Single-family Home Price Growth Slows in January 2023

Mar 3, 2023 5:25:11 PM

The median price of a Massachusetts single-family home grew about 9 percent on average from February 2022 through January 2023, but price growth stalled last month, the Massachusetts Association of Realtors reported.

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

Massachusetts Home Prices Increase But Price Growth Slows in 2022

Jan 29, 2023 12:01:57 PM

The median price of a Massachusetts single-family home averaged 6 percent growth each month during the final six months of 2022, slowing from an average 11 percent increase per month on a year-over-year basis during the first six months.

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

Average Mortgage Interest Rates Decline Four Consecutive Weeks

Dec 8, 2022 5:18:37 PM

Average mortgage interest rates nationally have declined for four weeks, but lower borrowing costs have not increased homebuyer demand. 

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Topics: Massachusetts Association of Realtors, Mortgage Rates & News

Interest Rates More Attractive for Homebuyers

Nov 20, 2022 9:28:21 AM

Average U.S. mortgage interest rates fell for the week ending November 17, 2022, welcome relief for Massachusetts homebuyers struggling with a profound lack of affordability

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Topics: Mortgage Rates & News

Mortgage Interest Rates Approaching 6 Percent Again

Sep 9, 2022 4:06:47 PM

After dropping below 5 percent at the beginning of August, average U.S. mortgage interest rates have increased over the past several weeks, according to Freddie Mac's weekly Primary Mortgage Market Survey.

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Topics: Mortgage Rates & News

Massachusetts Real Estate Market: More of the Same in July 2022

Aug 26, 2022 12:50:49 PM

The Massachusetts real estate market delivered more of the same in July 2022, with sales down, prices up, and inventory shrinking. 

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

U.S. Mortgage Interest Rates Fall Below 5 Percent

Aug 6, 2022 3:33:36 PM

Uncertainty surrounding inflation and other economic factors resulted in a decline in the average U.S. mortgage interest rate, according to Freddie Mac's weekly Primary Mortgage Market (PMMS) Survey for the week ending August 4, 2022.

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Topics: Massachusetts Association of Realtors, Mortgage Rates & News, National Association of Realtors, Greater Boston Association of Realtors

Mortgage Rates Lower But Affordability, Applications Still Fall

Jul 8, 2022 6:16:16 PM

Average U.S. mortgage interest rates have fallen over the past two weeks, but demand for purchase mortgage applications is down from a year ago, and affordability is an issue for homebuyers, three mortgage industry organizations reported recently. 

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Topics: Real Estate Market, Mortgage Rates & News

Mortgage Interest Rates Remain Above 5%, Cost of Mortgage Payments Up

May 1, 2022 11:03:59 AM

The average 30-year, fixed-rate mortgage loan remained above 5 percent for the week ending April 28, 2022, according to Freddie Mac's weekly Primary Mortgage Market Survey (PMMS). 

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Topics: Mortgages 101, Mortgage Rates & News

Average U.S. Mortgage Interest Rates Rapidly Rising

Mar 23, 2022 10:18:55 AM

The average rate for a 30-year, fixed-rate mortgage hit 4.72 percent on Tuesday, March 22, 2022, moving 26 basis points higher since Friday, according to Mortgage News Daily

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Topics: Real Estate Misc., Mortgage Rates & News

   

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