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Massachusetts Home Buyer Guide

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Mortgage Interest Rates Decline 6th Straight Week

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. 

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Topics: Mortgage Rates & News

Mortgage Interest Rates Decline Again

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. 

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Topics: Mortgages 101, Mortgage Rates & News

Breaking News: Mortgage Interest Rates Decline Again

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.

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Topics: Mortgage Rates & News

The Loan Estimate Gives Homebuyers a Tool to Compare Mortgage Products

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. 

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Topics: Home-buying Tips, Mortgages 101, Mortgage Rates & News

Will Rising Interest Rates Reduce MA Real Estate Inventory Further?

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. 

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Topics: Real Estate Market, Real Estate Misc., Mortgage Rates & News

Homebuyers Continue to Benefit From Low Interest Rates

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.   

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Topics: Mortgages 101, Mortgage Rates & News

Should Homebuyers Worry About the New Closing Disclosure Rules?

Dec 27, 2015 7:00:00 AM

Not since Y2K have so many predicted such great disruption and chaos in our lives.

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Topics: Home-buying Tips, Mortgages 101, Mortgage Rates & News, Real Estate Law

Massachusetts Veterans Have an Alternative to a VA Loan

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.

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Topics: Mortgages 101, Real Estate Misc., Mortgage Rates & News

U.S. Mortgage Interest Rates Remain Under 4%

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.  

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Topics: Mortgage Rates & News

Is Your City's Housing Market Healthy? Boston Home Buyers are Happy.

Aug 6, 2015 10:45:04 AM

Boston has happy home buyers, while Las Vegas lacks reliable residents, according to a new study by WalletHub, a consumer finance website. The study looked at how the housing recovery affected consumers across the country. Having the right type of financing could set home buyers up for happy home ownership while risky mortgages could set families up for failure down the road. Metro areas with high equity values, low interest rates and strict lending practices show promise for a stable housing market recovery. The following 1:24-minute video is from USA Today

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Topics: Mortgages 101, Mortgage Rates & News, Video, Boston

U.S. Mortgage Interest Rates Decline After Recent Spike

Jun 19, 2015 3:36:00 PM

If you're in the market to purchase a home, you may have heard that mortgage interest rates have increased in recent weeks after declining earlier in the year to the lowest level in about two years. 

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Topics: Mortgage Rates & News

Mortgage Interest Rates Drop to Lowest Point in Almost Two Years

Jan 24, 2015 7:48:00 AM

The average interest rate for a 30-year, fixed-rate mortgage loan continued to decline last week, according to Freddie Mac's Primary Mortgage Market Survey.

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Topics: Mortgage Rates & News

   

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