Mortgage and finance

April 22, 2020 Dave Kreider

5 Benefits of Selling & Buying Your Home Off-Market

While Boston citywide inventory has increased steadily since 2014, general inventory has been historically tight. One major factor is that thousands o...
April 6, 2018 Dave Kreider

Boston Officials Call for Winthrop Square Tower Redesign

Last week, the Boston Planning & Development Agency published a letter to Millennium Partners, developers of the planned Winthrop Square Tower in ...
March 28, 2018 Dave Kreider

Mayor Walsh Celebrates South Bay Center Development Funding

This week, Mayor Martin J. Walsh joined Governor Charlie Baker, local elected officials and the EDENS development team in South Bay's AMC theater to c...
May 9, 2012 Mara Bushari

Rents on the Rise: To Rent or To Buy?

This year Renters should expect to experience price increases of about 3%, while landlords reap the benefits receiving a further profit increase of al...
February 27, 2012 Mara Bushari

How Much Of Your Income Goes to Housing?

When looking to buy, rent, or invest, it's important to remember to stay within your budget and not "break the bank." After all, no one wants a nightm...
January 23, 2012 Mara Bushari

Top 5 Tax Credit Tips for New Homeowners

'Tis the season to file your taxes! It's the gift that can keep on giving once we know how to do them. So here's five quick and easy steps to a bounti...
October 18, 2011 Mara Bushari

MA Attorney General Martha Coakley to take on Bad Lenders

Martha Coakley is stepping into the mortgage mayhem on behalf of her constituents.  On Oct. 18th, the Boston Globe reported that Massachusetts Attorne...
October 6, 2011 Mara Bushari

WSJ Calls for Focus on Housing

In the end, it all comes down to that new house. That's what a recent blog post on the Wall Street Journal says, and adds that without a stronger focu...
October 6, 2011 Mara Bushari

Mortgage Rates Fall Below 4 Percent for the First Time

For the first time in America's history, the average rate of a 30-year fixed mortgage dropped to just under 4 percent. The rate on 15-year fixed loans...
June 9, 2011 Elad Bushari

MA mortgage balances among highest in U.S.

Massachusetts residents are among the most credit-worthy in the country, this despite the fact that the state’s average mortgage balance is a lofty $2...
July 1, 2010 Elad Bushari

Tax Credit Got Extended!

Congress has sent President Obama a plan to give homebuyers an additional three months to finish qualifying for federal tax incentives that boosted ho...
June 2, 2010 Elad Bushari

About FHA Loans

In 1934, the Federal Housing Administration (FHA) was created by the National Housing Act for the primary purpose of insuring long-term residential mo...
March 11, 2010 Elad Bushari

Loft New Development, FP3 is Now Fannie Mae Approved

FP3, one of Boston's hottest loft buildings, now passes the Fannie Mae standard for mortgage guidelines as the number of units sold is now more than 5...
February 18, 2010 Elad Bushari

No RESPA Violation for Closing Discount

A federal appellate court has considered whether a developer violated the Real Estate Settlement Procedures Act (“RESPA”) when it offered a buyer a di...
January 29, 2010 Mara Bushari

MA Yearly Home Sales Rise First Time Since 2004

According to Warren Group, a Boston company that tracks local real estate data, sales of single-family homes in Massachusetts rose 3 percent in 2009 -...
January 24, 2010 Elad Bushari

FHA Toughens Down Payment Rules

The Federal Housing Administration will raise the minimum down payment for its least credit-worthy borrowers, the agency announced Tuesday.
December 18, 2009 Elad Bushari

39% of Recent Buyers Used FHA Loans

According to the most recent REALTORS® Confidence Index, 39 percent of recent buyers purchased a home with a Federal Housing Administration-insured lo...
December 11, 2009 Elad Bushari

Mortgage Delinquencies to Improve by Year-End 2010

National mortgage loan delinquencies — borrowers with loans that are 60 days or more past due — will drop by nearly 3 percent by the end of 2010, acco...
November 30, 2009 Mara Bushari

One-Fourth of Borrowers are Underwater

According to a recent report by research firm First American CoreLogic, more than 23 percent of U.S. homeowners with mortgages owe more on their prope...
November 25, 2009 Mara Bushari

Bank of America now top lender

Wells Fargo relinquished its title as the top mortgage lender in America during the third quarter of this year. Bank of America jumped into the top sl...
November 4, 2009 Mara Bushari

House Committee Weighs Revamp of HVCC

We all remember last May when the new appraisal system imposed by Fannie Mae and Freddie Mac sent shock waves through the real estate market. Well, th...
October 29, 2009 Elad Bushari

Important: Extended Tax Credit Not Yet Approved

In response to current media reports, please note no formal vote has been taken on the floor of the U.S. Senate regarding extension of the U.S. home-b...
August 28, 2009 Mara Bushari

First-Time Buyer Tax Credit Extention Possible

Bills to extend the maximum $8,000 tax credit for first-time home buyers are pending in both the U.S. House and the Senate. The current credit is due ...
August 27, 2009 Mara Bushari

Mortgage Trends with Brian Cavanaugh

Are mortgage rates going up? Are mortgage rates going down? I am a regular participant in the Mortgage Rate Trend survey and this week's ...
August 18, 2009 Mara Bushari

FHA Project Eligibility Requirements for Bank of America

If you are one of the many Boston Real Estate home buyers trying to get a loan these days, it may feel like you are in a maze of paperwork, searching ...

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