Posts Tagged ‘Mortgage Rates’
Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages
If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. After years of being virtually nonexistent, more people again use ARMs when buying homes. Let’s explain why that’s happening and why this isn’t cause for concern.
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.
Is There Really a New, Unfair Mortgage Tax on Those With High Credit?
In a recent post on Mortgage Daily News, Matthew Graham explains the hard-to-understand new fee structure by Fannie Mae and Freddie Mac. Graham writes, Seemingly overnight, the internet is awash with news regarding a “new,” unfair tax on mortgage borrowers with higher credit scores. Some have gone so far as to suggest that someone could intentionally lower their credit score to get a better deal.
Forecast for Spring Housing Market in the Boston Area
Karen and Helen describe the outlook for the Spring 2023 Boston Housing Market.
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.
7 Tips to Maximize Your Home’s Sale Price
Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled. Consequently, home sellers who enter the market today may need to reset their expectations.