Posts Tagged ‘interest rates’
8 of the Nation’s Hottest Housing Markets in June are all within 2 Hours of Boston
For proof, look no further than the Realtor.com® June roundup of the Hottest Housing Markets. This month, the Hartford, CT, metropolitan area tops the list, followed by hottest markets stalwarts Manchester, NH, Concord, NH, Springfield, MA, Portland, ME, Worcester, MA, Norwich, CT, New Haven, CT, and Boston at #20.
Getting Yourself Mortgage Ready
If you’re like the vast majority of home buyers, you will choose to finance your purchase with a mortgage loan. However, by preparing in advance, you can avoid the common delays and roadblocks many buyers face when applying for a mortgage.
Will There be a Tsunami of Foreclosures in 2023?
Bernice Ross of Inman recently interviewed Rick Sharga, the executive vice president for market intelligence for Attom Data, about his predictions about general trends and foreclosures. Attom Data has been tracking foreclosure data since 1996. As a result, Sharga often gets asked if we should expect another foreclosure tsunami in 2023 like the one we experienced during the Great Recession.
2023 Real Estate Market Outlook (And What It Means for You)
So what can we expect for real estate in 2023? Will mortgage rates continue to climb? Could home prices come crashing down? While this is one of the more challenging real estate periods to forecast, here’s what several industry experts predict will happen to the U.S. housing market in the coming year.
Realtor.com Releases Predictions for 2023 Mass. Real Estate Costs, Rates
The Realtor.com website released its 2023 housing market predictions last week, stating that mortgage rates will be above 7%, rents will outpace home prices, and overall home sales will decline.It also predicted 100 of the largest local markets in the United States.
2023 Real Estate Outlook, An Economist’s Predictions, “There is no housing bubble!”
Cut through the online clutter and armchair quarterbacking of the real estate industry with these ten predictions from Windermere Real Estate Chief Economist Matthew Gardner. This article appeared in Inman, Hickman-Coen Home Team is a subscriber.
8 Strategies to Secure a Lower Mortgage Rate
Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided regarding predicting where rates are headed next. This climate has been unsettling for some homebuyers and sellers. However, with proper planning, you can work toward qualifying for the best mortgage rates available today – and open up the possibility of refinancing at a lower rate in the future.
City of Boston New First-Time Homebuyer Program
ONE+Boston will offer the lowest fixed interest rates available for a 30-year mortgage. It will also provide access to downpayment and closing-cost assistance.
Mortgage Rates Decline to 3.76% Amid the Ukraine Conflict.
The average 30-year-fixed rate mortgage declined to 3.76% for the week ending March 3, down from 3.89% in the previous week, amid the geopolitical tensions caused by Russia’s war in Ukraine, according to the latest Freddie Mac PMMS Mortgage Survey.