When a homeowner decides to sell their house, they obviously want the best possible price for it with the least amount of hassles along the way. However, for the vast majority of sellers, the most important result is actually getting their homes [...]
March 14, 2017
The spring market is off to a very strong start this year in the communities North of Boston, MA. The uncertainty of mortgage rates are causing many buyers to feel a high level of urgency. While it is a sellers market, depending on the type of home, location and price point, the level of demand can vary greatly. Many homes [...]
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Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. [...]
DAILY REAL ESTATE NEWS | THURSDAY, DECEMBER 15, 2016
The Federal Reserve hiked short-term interest rates Wednesday, in a move largely predicted by economists. So, what does this mean for mortgage rates and buyers?
Read more: Fed Warns About a 'New Housing Crisis'
First off, the Fed does not set mortgage rates. Short-term rates are [...]
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