Mortgage applications decreased 4.6 percent from one week earlier, according to data released yesterday from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Oct. 20.
The number of single-family homes for sale hit an all-time low last month, according to the Massachusetts Association of Realtors.
A U.S. Treasury report released yesterday is heavily critical of the Consumer Finance Protection Bureau’s new rule banning companies from using mandatory arbitration clauses saying -among many other things- it would “effect a large transfer of wealth to plaintiff’s attorneys.”
The Mortgage Bankers Association swore in a new chairman and 10 new directors at the organization’s annual convention in Denver yesterday.
After graduating from UMass Lowell in the mid-1990s, Doherty worked for then-U.S. Rep Marty Meehan for several years. He went back to law school and then got a job as a prosecutor for the Middlesex District Attorney’s office.
Nominal sales of Cambridge condos jumped to 34 percent of all condo sales in the city so far this year, and mortgage lenders want to know about it.
A new study from Apartment List says if Boston’s bid for Amazon is successful, it could raise the city’s already high rents another 0.5 to 0.8 percent.
Multifamily lending was up 8 percent year over year in 2016, with nearly three thousand different multifamily lenders providing a total of $269.2 billion in new mortgages for apartment buildings with five or more units, according to a new report from the Mortgage Bankers Association.
Mortgage applications increased 3.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Oct. 13, 2017. This week’s results included an adjustment for the Columbus Day holiday.w
Baby Boomers are more likely to have a mortgage when they retire than the generation born between the mid-1920s and the mid-1940s, and while that trend worries some economists, other experts say post-retirement debt can be a smart move.
Loan performance remained flat in July 2017 after hitting 10-year lows the previous month, according to a report released today from CoreLogic, a global property information and analytics firm.
Richard Phipps moved to Boston from Barbados at the age of 20 in the early ’70s. After two tours in the Air Force he started working in finance and later, real estate. He came back to Boston in the mid-’80s and got involved in all things real estate. The father of nine was recognized by Barbados with a Jubilee Award in January for blending business, family and spirituality in a way that retains family values. Phipps runs a real estate agency, a real estate school and a real estate counseling business from his Roslindale office. When he’s not in the office, he can often be found in Oasis on Hyde Park Avenue feasting on Barbadian rice and peas.
The nationwide trend of real estate agencies mergers and acquisitions came to Boston this month with Douglas Elliman’s announced purchase of local Otis & Ahearn Real Estate.
Massachusetts homeowners paid some of the highest real estate taxes in the country again last year, according to analysis from the National Association of Home Builders.
Technology-powered real estate brokerage Redfin has expanded its 1 percent listing fee to home sellers in 18 additional markets, including Boston.
Gov. Charlie Baker other leaders today joined EF Education First North America CEO Dr. Edward Hult to break ground on the company’s third new building in Cambridge’s North Point neighborhood.
Homeownership rates among black Americans were disproportionately affected by the mortgage crisis and have recovered more slowly than other groups. Advocates say removing barriers to black homeownership is fair, profitable and the key to increasing access to the American dream for all.
Data is now available on mortgage lending transactions at 6,762 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA) for 2016.
A New York-based real estate brokerage intends to acquire Boston’s Otis & Ahearn.
The Consumer Financial Protection Bureau (CFPB) took action today against real estate settlement services provider Meridian Title Corporation for steering consumers to a title insurer owned in part by several of its executives without making disclosures about the businesses’ affiliation.
