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.
Sep 4, 2024 9:26:19 PM
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.
Topics: Home-buying Tips, Mortgages 101, Loan Programs, Real Estate Misc.
Mar 2, 2024 5:26:43 PM
Embarking on your homeownership journey is an exciting milestone, but it also introduces new responsibilities, like making your first mortgage payment.
Topics: Home-buying Tips, Mortgages 101, Real Estate Misc.
Dec 15, 2023 5:42:25 PM
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.
Topics: Mortgages 101, Mortgage Rates & News
Nov 22, 2023 1:37:11 PM
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.
Topics: Mortgages 101, Mortgage Rates & News
Nov 4, 2023 1:36:43 PM
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.
Topics: Home-buying Tips, Mortgages 101
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).
Topics: Mortgages 101, Mortgage Rates & News
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.
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
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.
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
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
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
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