by Mike Albanese | Jul 21, 2020 | First Time Home Buyer, First Time Home Buyers Advice, Mortgages and Mortgage Loan News, Real Estate Market
Could Mortgage Rates Drop to 2.7%? One economist said actions by the Federal Reserve have caused the gap between the 10-year Treasury and mortgage rates to grow well beyond pre-pandemic numbers. The post Could Mortgage Rates Drop to 2.7%? appeared first on...
by Timothy Inklebarger | Jul 21, 2020 | Real Estate Agent, Real Estate Market
Massachusetts Association of Realtors: Expect an energized market this summer Closed sales of both single-family homes and condominiums had year-over-year declines of 22% and 29%, respectively, in June, according to the Massachusetts Association of Realtors. New...
by Boston.com Real Estate | Jul 20, 2020 | Buyer Agents, Home Buyers, Mortgages and Mortgage Loan News
Home loan refinancing surges with mortgage rates at historic lows… What should you ask before you refinance your mortgage? The labor market fallout and economic uncertainty due to pandemic has put off some would-be buyers and sellers. US homeowners are seizing...
by Mike Albanese | Jul 20, 2020 | Boston Real Estate Market, Buyer Agents, Home Buyers, House Hunting
Is Summer the Best Time for Homebuying? A new survey revealed fewer people are passing on homeownership. Click through to find out why. The post Is Summer the Best Time for Homebuying? appeared first on theMReport.com. HOMEBUYERS BEWARE! Book Review This book... by Mike Albanese | Jul 19, 2020 | Real Estate Market
Home Sales Surpass Pre-Pandemic Numbers Analysis on the market said the industry is responding to a “avalanche of applications” for both purchases and refinances. The post Home Sales Surpass Pre-Pandemic Numbers appeared first on theMReport.com. Homebuyers: For...
by Jacob Passy | Jul 18, 2020 | First Time Home Buyer, Home Buyers, New Construction, Real Estate Agent
Housing Starts Gain Steam as Home Builders Ramp Up New Home Construction Despite Pandemic The numbers: Housing starts occurred at a 1.19 million seasonally adjusted annual rate in June, the Commerce Department said Friday, representing a 17% increase from May....
by Mike Albanese | Jul 18, 2020 | Mortgages and Mortgage Loan News, Real Estate Market
Housing Inventory Down 32% Annually In the Northeast, housing activity is already above its pre-pandemic level, but some regions are still lagging. The post Housing Inventory Down 32% Annually appeared first on theMReport.com. Homebuyers: For access to all listings...
by Clare Trapasso | Jul 18, 2020 | Home Prices, Mortgages and Mortgage Loan News, Real Estate Agent
Will the Lowest Mortgage Rates Ever Seen Spur Another Refinance Boom? The lowest mortgage interest rates ever seen in the U.S. will likely spur another wave of refinances as homeowners chase the chance of a lifetime to lock in a rate under 3%. Rates fell to an average...
by Timothy Inklebarger | Jul 18, 2020 | First Time Home Buyer, First Time Home Buyers Advice, Home Buyers, Real Estate Market
As states reopen, Boston Massachusetts home sales jump in June Home sales hit a near-record month-over-month increase of 37% in June for RE/MAX, while inventory was at a record low of under two months, the company said in a press release. Sales were down just 6.9%...
by Kerrie Kennedy | Jul 17, 2020 | Real Estate Market
Feeling confident again, builders race to meet demand In response to increasing buyer demand, even in the face of a pandemic, builders are ramping up construction. According to information provided by the U.S. Census/Department of Housing and Urban Development,...
