Massachusetts Real Estate Law News
Commercial and Residential Real Estate & Real Estate Development News
Mortgage Rates Back Near Multi-Year Lows
Posted To: Mortgage Rate WatchMortgage rates haven't been this low for this long in years--3.5 years to be exact. Brexit was the talk of the town in the middle of 2016 and it resulted in rates very close to all-time lows for well over 3 months (all of July, Aug,...
Home-Value Growth Slows for 21st Straight Month
Did housing inventory experience an uptick as prime-buying season is around the corner? The post Home-Value Growth Slows for 21st Straight Month appeared first on theMReport.com. McDevitt Real Estate Closing Attorney Services - Real Estate Law Massachusetts...
Could You Live in a Cave? Home Carved Into a Mountain Beckons Intrepid Buyers
In the mid-’80s a couple who owned 37 acres in the high Arizona desert wanted to build something a little different. Employing a Swedish mining technique, they carved a comfortable modern home into a mountainside in the former mining town of Bisbee. Their ingenious...
Lower Rates Helped Raise January Closing Rate
Posted To: MND NewsWireThe slight drop in mortgage rates in January stabilized refinance originations according to the January Origination Insight Report from Ellie Mae. The 3 basis point dip to an average rate of 3.96 percent kept the refinancing share of closed...
Mortgage Rates Inch Upward This Week, but Remain Near Record Lows
Mortgage rates increased for the second straight week, Freddie Mac reported Thursday, but they still remain near record lows. The 30-year fixed-rate mortgage averaged 3.49% during the week ending Feb. 20, up two basis points from the previous week. This time last...
Good Time To Buy a Home
Despite Years of Skyrocketing Prices, It’s a Good Time To Buy a Home, Report Finds Much has changed since the lows of the Great Recession and its immediate aftermath: The economy is booming, unemployment is low—and home prices have shot up in many parts of the...
Co-Buying: How Cash-Strapped Millennials Are Becoming Homeowners Without Family Help
As a single mother of two, Kelsey Perkins was able to buy a five-bedroom house last year in a suburb of Denver, CO—one of the priciest housing markets in the country. She didn’t have a high-paying corporate job, a lot of savings or even assistance from her parents to...
‘Sale Pending’ Explained: How Long Will It Take Before You Can Finally Get the Keys?
If you’re in the process of buying a home, there’s no doubt you’ve seen the term “Sale Pending” or “Pending Offer” on more than a few real estate listings—perhaps even on the very home you’re trying to buy! But how long does an offer stay in “Pending” status before...
Refinance Applications Ebb, But Boom Goes On
Posted To: MND NewsWireMortgage loan applications submitted during the week ended February 14 declined for the first time since mid-January. The Mortgage Bankers Association said its Market Composite Index, a measure of mortgage loan application volume, decreased 6.4...
Analyzing HUD’s Proposed Revisions to Fair Housing Rule
While there are those that seem to agree that local zoning laws impede affordability, to some, the issue is a partisan one. The post Analyzing HUD’s Proposed Revisions to Fair Housing Rule appeared first on theMReport.com. McDevitt Real Estate Closing Attorney...
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