(978) 835-5906 
Mar 14, 2016 9:30:00 AM
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.
Topics: Real Estate Market, Mortgage Rates & News, Boston, Boston Relocation
Mar 12, 2016 7:44:15 AM
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.
Topics: Mortgage Rates & News
Feb 27, 2016 8:04:22 PM
A few months ago all the so-called mortgage experts and real estate pundits were convinced that interest rates for mortgage loans were going to start increasing in 2016, signaling the end of years of abnormally depressed borrowing costs. They predicted homebuyers were about to experience significantly increasing interest rates for the first time in years.
Topics: Mortgages 101, Mortgage Rates & News
Feb 13, 2016 10:51:12 AM
Mortgage interest rates are cooperating. Now Massachusetts homebuyers just need some more real estate inventory, so that they can take advantage of the lower cost of a home loan.
Topics: Mortgage Rates & News
Feb 6, 2016 6:00:00 AM
Average U.S. mortgage interest rates declined for the fifth straight week, Freddie Mac reported in its weekly mortgage market survey on February 4, 2016.
Topics: Mortgages 101, Mortgage Rates & News
Jan 22, 2016 5:39:26 PM
If you follow the stock market you know it has been a wild ride this week and for most of the new year.
Topics: Mortgage Rates & News
Jan 21, 2016 6:20:45 AM
The new Truth-in-lending RESPA Integrated Disclosure (TRID) rules, which went into effect in October, came with some new real estate industry jargon, as well as a new tool for homebuyers to compare home loans offered by competing lenders.
Topics: Home-buying Tips, Mortgages 101, Mortgage Rates & News
Jan 20, 2016 8:56:43 AM
Massachusetts homebuyers, especially in the Greater Boston area, have seen real estate inventory decline for several years, and some real estate professionals believe rising mortgage interest rates may exacerbate the situation.
Topics: Real Estate Market, Real Estate Misc., Mortgage Rates & News
Jan 16, 2016 9:50:05 AM
Despite concerns among potential Massachusetts first-time home buyers over the Federal Reserve raising short-term interest rates and how that might eventually affect mortgage interest rates, 30-year, fixed-rate interest rates for home loans have declined and remain low.
Topics: Mortgages 101, Mortgage Rates & News
Dec 27, 2015 7:00:00 AM
Not since Y2K have so many predicted such great disruption and chaos in our lives.
Topics: Home-buying Tips, Mortgages 101, Mortgage Rates & News, Real Estate Law
Dec 16, 2015 1:39:11 PM
MassHousing launched Operation Welcome Home last month, a new conventional loan product for eligible Veterans that combines a traditional 97 percent loan-to-value first mortgage with a zero-interest second mortgage of up to 3 percent to create a 100 percent financing product that offers essentially the same attributes of a traditional VA loan.
Topics: Mortgages 101, Real Estate Misc., Mortgage Rates & News
Nov 28, 2015 7:47:42 AM
The average 30-year, fixed-rate mortgage interest rate in the United States remained less than 4 percent when it declined to 3.95 percent from 3.97 percent the previous week, according to government-sponsored mortgage buyer Freddic Mac.
Topics: Mortgage Rates & News
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