Greater Boston Mortgage Refinances Picked Up in December
Mortgage data provider Optimal Blue said mortgage refinancing saw a boost in December both nationwide and in Greater Boston as mortgage interest rates dropped from 20-year highs in the fall.
Bankers Trek to Beacon Hill to Highlight ARMs, Homeownership Concerns.
With 188 bills on the group’s radar and 24 of them before the committee that he co-chairs, Sen. Paul Feeney joked Tuesday that the Massachusetts Mortgage Bankers Association and Executive Director Deborah Sousa have season tickets to hearings of the Joint Committee on Financial Services.
ARM Application Rate the Highest Since 2007
The share of borrowers applying for an adjustable-rate mortgage is the highest it’s been in 15 years, a new analysis by Zillow has found, but unlike the lead-up to the subprime mortgage crisis, these borrowers remain well-qualified.
Buyers Have Alternatives as Mortgage Rates Rise
Rising mortgage rates are sidelining many would-be homebuyers. But there are two ways to meet the challenge.
Despite Rate Hikes, U.S. Homebuyers Show ‘Resiliency’
Even as mortgage interest rates hit levels not seen since the fall of 2009, early indications show America’s prospective homebuyers appear to be adapting, not quitting the market.
