Mortgage Refinancing Rate Declines, Including in Boston Real Estate Market There has been a bit of dip in the application rate associated with the refinancing of home mortgage loans. This dip is experienced both in the Boston real estate market and across the country as well. A good share of experts – again, both in [...]

Local Lenders Take Lead in Massachusetts Real Estate Mortgage Lending: Local Lenders Take Larger Role in Boston Real Estate Market As Well Up until more recent times – at about the peak of what has become known in the country as the “home mortgage crisis” – the Massachusetts and Boston real estate markets were dominated [...]

Dealing with Fraudulent Home Mortgage Lending Activities No real estate market in the United States has been completely free of fraudulent home mortgage lending activities. The same is true of the Boston real estate market. However, a redoubled effort is underway both to punish those individuals and firms that have been involved in fraudulent mortgage [...]

Boston Consumer Confidence and the Economy and the Boston Real Estate Market Confidence. In the final analysis, citizen or consumer confidence in the economy, including in the Boston real estate market, is the most significant element that needs to be in place in order for their to be a true economic rebound and a lasting [...]

President of Massachusetts Housing Investment Corporation Testifies Before Congress The President of the Massachusetts Housing Investment Corporation, Joseph Flatley, appeared before the House Financial Services Committee in D.C. He appeared before the Committee to speak in support of legislation designed to maintain the strong enforcement of the CRA or Community Reinvestment Act. Although people who [...]

Massachusetts Governor Announces Special Loan Program for First Time Home Buyers Understanding that we are all living in challenging economic times, and further realizing that the real estate market has significantly contributed to these economic problems and issues, a variety of initiatives are underway to work to improve the real estate market, including the Boston [...]

Improvement in Massachusetts 30 Year Mortgage Rates: Boston Real Estate Market Benefits from More Favorable Mortgage Rates Over the course of the past year a good deal of attention has been paid to the 30 year mortgage rate in the Bay State when contrasted with the rate in other states in the country. According to [...]

New Housing Starts Jumps in June Nationwide: Increase in Building Permits Seen in Boston Real Estate Market and Across U.S. Although the economy continues to be something of a mixed bag, the Boston real estate market and others across the United States received some positive news in June. New housing starts and permits for construction [...]

Drop in Mortgage Foreclosure Deeds in Commonwealth and Boston Real Estate Market There has been a significant drop in mortgage foreclosure deeds in Massachusetts (including the Boston real estate market) during 2009. Specifically, from January through June 2009, there was over a 29 percent drop in the filing of foreclosure deeds across the Commonwealth of [...]