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).
Massachusetts Home Buyer Guide
Mortgage Interest Rates Remain Above 5%, Cost of Mortgage Payments Up
May 1, 2022 11:03:59 AM
Topics: Mortgages 101, Mortgage Rates & News
What Does It Mean When a Seller Pays Closing Costs in Massachusetts?
Jul 19, 2021 4:08:39 PM
For many Massachusetts first-time home buyers – and for move-up buyers who might have lost equity in their homes during a real estate downturn – the biggest obstacle to purchasing a home often is saving enough money for the down payment and closing costs.
Topics: Home-buying Tips, Condominium, Mortgages 101, Real Estate Misc.
New Year, New Record Low for Mortgage Interest Rates
Jan 9, 2021 5:25:00 PM
Mortgage interest rates kicked off the New Year with a new record low.
Topics: Real Estate Market, Massachusetts Association of Realtors, Mortgages 101, Mortgage Rates & News
5 Credit Score Myths Homebuyers Should Know
Jan 9, 2021 9:21:00 AM
What is the recipe for those 11 herbs and spices? How does that cola taste that way? How did they come up with my credit score?
Topics: Home-buying Tips, Mortgages 101, Real Estate Misc.
What is Debt-to-Income Ratio for Massachusetts Homebuyers?
Dec 1, 2020 8:58:34 AM
Massachusetts homebuyers should understand their debt-to-income ratio when applying for a mortgage loan because it is one way in which lenders measure your ability to manage monthly mortgage payments.
Topics: Home-buying Tips, Mortgages 101, Loan Programs
Mortgage Interest Rates Reach an All-time Low, Home Prices Up
Jun 3, 2020 4:43:49 PM
Average mortgage interest rates in the United States reached an all-time low for the week ending May 28, 2020, according to Freddie Mac's weekly Primary Mortgage Market Survey.
Topics: Real Estate Market, Massachusetts Home Prices, Mortgages 101, Mortgage Rates & News
Mortgage Interest Rates Rise Slightly
Apr 27, 2020 10:39:14 PM
Average U.S. mortgage loan interest rates increased slightly for the week ending April 23, 2020, according to Freddie Mac's weekly Primary Mortgage Market Survey.
Topics: Mortgages 101, Mortgage Rates & News
What are the Income Limits for a MassHousing Loan?
Apr 17, 2020 7:35:05 PM
Many first-time homebuyers are surprised at how much money you can earn and still qualify for the conventional MassHousing Mortgage program.
Topics: Mortgages 101, Loan Programs, Mortgage Rates & News
MassHousing Down Payment Assistance Helps More First-time Home Buyers
Apr 11, 2020 11:02:05 AM
Not enough cash for a down payment? That may not be an obstacle to homeownership for qualified Massachusetts first-time homebuyers.
Topics: Home-buying Tips, Community Information, Mortgages 101, Loan Programs, Haverhill MA, Lowell MA, Melrose MA, Peabody MA, Salem MA, Mansfield MA, Lynn MA, Taunton MA, Everett MA, Worcester MA, Malden MA, Lawrence MA, Revere MA
Mortgage Rates Expected to Support Real Estate Market Activity
Jan 16, 2020 3:28:17 PM
Average U.S. mortgage interest rates have remained below 4 percent since June 2019, giving Massachusetts homebuyers a little relief from rising home prices.
Topics: Mortgages 101, Mortgage Rates & News
7 Ways Homebuyers Negatively Impact the Home Loan Process
Oct 4, 2019 5:15:09 PM
You're almost to the finish line.
Topics: Home-buying Tips, Mortgages 101
Mortgage Interest Rates Unchanged, Remain Near Historic Lows
Aug 20, 2019 6:08:13 PM
Average U.S. mortgage interest rates were unchanged for the week ending August 15, 2019, and remained near historic lows, according to Freddie Mac's weekly Primary Mortgage Market Survey.
Topics: Mortgages 101, Mortgage Rates & News
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