Mortgage rates fell last week to their lowest level in more than three years after President Donald J. Trump said he had ordered his “representatives” to buy $200 billion in mortgage-backed securities, an unusual intervention aimed at reducing borrowing costs for homebuyers.
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Topics:
Home-buying Tips,
Mortgages 101,
Mortgage Rates & News,
Freddie Mac
While the immediate allure of lower monthly payments is undeniable, a 50-year mortgage may prove to be a financial trap that costs borrowers an additional half-million dollars in interest while stalling equity growth for decades.
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Topics:
Home-buying Tips,
Mortgages 101
Average U.S. mortgage loan interest rates declined for the week ending October 30, 2025, according to Freddie Mac's weekly Primary Mortgage Market Survey, marking the fourth consecutive week of falling rates.
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Topics:
Mortgages 101,
Mortgage Rates & News,
Freddie Mac
Heading into the Greater Boston fall real estate market, prospective home buyers received welcome news regarding mortgage loan interest rates.
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Topics:
Mortgages 101,
Mortgage Rates & News,
Mortgage News Daily,
Mortgage Bankers Association
Average U.S. mortgage interest rates were flat for the week ending August 21, 2025, after declining four consecutive weeks, according to Freddie Mac's weekly Primary Mortgage Market Survey (PMMS).
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Topics:
Mortgages 101,
Mortgage Rates & News,
Mortgage Bankers Association,
Freddie Mac
The pros and cons of using a builder's preferred lender for new construction can have a significant impact on your costs, timeline, and financing options.
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Topics:
Home-buying Tips,
Mortgages 101,
Real Estate Misc.,
New Construction
For Massachusetts first-time home buyers, the process of choosing a mortgage can feel complex and overwhelming.
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Topics:
Home-buying Tips,
Mortgages 101
A rehabilitation loan allows home buyers to purchase a home that may need repairs or renovations and bundle the costs of those improvements into their mortgage.
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Topics:
Home-buying Tips,
Mortgages 101,
Loan Programs,
Real Estate Misc.
Embarking on your homeownership journey is an exciting milestone, but it also introduces new responsibilities, like making your first mortgage payment.
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Topics:
Home-buying Tips,
Mortgages 101,
Real Estate Misc.
Recent mortgage interest rate news has been music to the ears of prospective home buyers shell-shocked by the spike in rates over the late summer and fall.
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Topics:
Mortgages 101,
Mortgage Rates & News
Since reaching more than 8 percent last month, the average 30-year, fixed-rate mortgage loan has plummeted almost three-quarters of a percent over four weeks, according to the Mortgage News Daily (MND) Index.
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Topics:
Mortgages 101,
Mortgage Rates & News
Prospective Massachusetts first-time home buyers have a variety of home loan programs to help them buy their first home with a low down payment, yet many new home buyers still believe they must have enough cash for a 20 percent down payment.
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Topics:
Home-buying Tips,
Mortgages 101