Real Estate

September 7, 20230Comments

Mortgage demand falls to 27-year low despite drop in interest rates

Total mortgage application volume fell 2.9% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. After rising sharply for several weeks, mortgage interest rates

August 25, 20230Comments

Mortgage rates are at a 23-year high. Here’s what buyers can do to cut costs

Inflation ticked up in July and the benchmark interest rate is already at a 22-year high. With homebuyers already squeezed by current economic conditions, more unwelcome news came out on Wednesday: mortgage

August 24, 20230Comments

3 great ways to get a lower mortgage interest rate in today’s market

With months of promising signs that inflation was finally cooling, many homebuyers were cautiously optimistic that interest rates would be coming down later this year and into 2024. But after a

by Adam Lee

August 18, 20230Comments

Weekly mortgage demand drops again as interest rates match a 22-year high

Last year the 30-year fixed was 5.45%, and in 2021, it was in the 3% range, showing just how far costs have risen since the Federal Reserve began raising rates. Mortgage

by Leona Zoey

Business

July 29, 20230Comments

The best bet in retail: Strip malls

The hottest real estate right now? Strip malls. While office space sits empty and home sales slow, the suburban mainstays are seeing a physical occupancy rate of over 92% —

July 27, 20230Comments

Home buyers seek loans from sellers

As mortgage rates continue to rise on the back of higher interest rates, seller-financing of home sales is gaining traction, according to The Wall Street Journal. The practice arises in

July 16, 20230Comments

Tax breaks for your office space?

Boston landlords will soon be able to trade empty office buildings for tax breaks. As the median monthly rent for a one-bedroom in Beantown hits $2,800, the city is tackling

July 11, 20230Comments

Home prices hit new heights

The cost of buying a home reached record levels in May, rising 0.7% from April, CNBC reports. According to a new home price index from analytics firm Black Knight, prices

June 27, 20230Comments

Home prices fall in 11-year first

Home prices fell from a year ago for the first time since 2012, a sign that rising interest rates have begun to weigh on the market. Prices declined 0.2% nationally