Massachusetts Home Buyer Guide - For MA Home Buyers, By An Exclusive Buyer Agent
News, tips and general information for MA real estate home buyers and homeowners published by real estate broker and attorney Richard Rosa.
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2007
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Average U.S. 30-year, fixed-rate mortgage loans slipped slightly to 6.16 percent, down from 6.17 percent the previous week MarketWatch reported April 26, 2007."'Recent economic data releases showing weaker existing home sales in March, coupled with lower consumer confidence in April, caused the m...
04/29/2007
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Washington Mutual, Inc., commonly referred to as WaMu, rolled out across the nation on April 26, 2007 the WaMu Mortgage Plus, a home loan product that combines a first mortgage and home equity line of credit into a single loan. Washington Mutual claims the loan has an unprecedented bundle of feat...
04/29/2007
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REALTOR® Magazine Online reported April 3, 2007 that Greenwich, CT was the richest zip code in the nation, and Cambridge, MA placed fifth. No other Massachusetts or New England zip codes made the top 10."During the five-year boom in housing prices, from the third quarter through the third quarter...
04/29/2007
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The number of U.S. homes entering foreclosure doubled in the first quarter compared to the same period in 2006, The Boston Globe reported April 17, 2007. "Owners of 168,829 homes in the first three months of 2007 got notices that lenders had filed for foreclosure due to failure to pay loans or l...
04/27/2007
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As a rule of thumb, not many unemployed people are buying homes. The Boston Globe reported April 19, 2007 that Massachusetts' unemployment rate declined in March to its lowest level in more than five years. Employment data like that certainly is good news for the housing market. The unemployment ...
04/27/2007
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The number of U.S. Mortgage applications jumped 3.6 percent compared to the previous week, and the spike in applications ended five weeks of declines, CNN Money reported. The data comes from the Mortgage Bankers Association (MBA). The MBA survey includes about 50 percent of all U.S. retail reside...
04/27/2007
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Forbes reported April 16, 2007 on the top 25 cleanest cities in the world. The figures for the cleanest cities came from studies of 300 cities by Mercer Human Resources Consulting, identifying overall quality of living. "The cleanest cities are largely located in countries noted for their democra...
04/20/2007
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Average U.S. 30-year, fixed rate mortgage interest rate fell to 6.17 percent, down from 6.22 percent the previous week, MarketWatch reported April 19, 2007. The 30-year, fixed-rate loan stood at 6.53 percent at the same time last year. "'Mortgage rates slipped following the latest reports of mode...
04/20/2007
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The Mortgage Bankers Association weekly mortgage survey indicated a 2.5 percent drop in mortgage applications compared to the previous week, Reuters reported April 18, 2007. Mortgage applications for home purchases fell 4.5 percent, and refinance applications dipped 0.3 percent compared to the pr...
04/20/2007
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It's amazing what some creative use of paint can do to transform a home. Whether you're considering ideas for your new home or trying to imagine that tired old decor in the charming house you're considering buying, the On Interior Design blog has a great post about 10 Tips On Choosing Paint . In ...
04/20/2007
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News, tips and general information for MA real estate home buyers and homeowners published by real estate broker and attorney Richard Rosa.