The Average Mass. Homeowner is Hurting
Two state programs that funnel hundreds of millions in mortgages each year to low- and moderate-income buyers and homeowners across the Bay State are seeing a sharp rise in missed and late payments.
A Little Schooling Goes A Long Way for Homebuyers
Obtaining an affordable mortgage is an art, not a science – especially for first-time buyers – and is just as important as finding an affordable house.
As Prices Rise, Buyers Seek Down Payment Help
Despite rising home prices and lagging wage growth, lenders can count on Millennials to be among the borrowers this spring, with more and more becoming first-time homebuyers thanks to down payment assistance programs.
Odd Lots: Don’t Let Clients Go Radio Silent
An offer can easily disappear if a seller isn’t around to accept or counter it. If you are totally out-of-pocket for days at a time, your wannabe buyer might just move on.
We Know Down Payment Assistance Works. Now, We’re Expanding It
Down payment assistance is driving strong, mission-driven lending in a difficult market. That’s why MassHousing is expanding our down payment assistance program, to make sustainable homeownership possible for more buyers, in more communities across the state.
Down Payment Assistance Key to Closing Racial Wealth, Homeownership Gap
Homeownership is a marker of a middle-class lifestyle, and a vehicle that creates family wealth over generations. But in Massachusetts, and across the US, the prosperity that homeownership unlocks is not enjoyed equally.
MassHousing’s Mortgage Product Aids Families in Path to Homeownership
As MassHousing watched the economy swing back into high gear, we witnessed first-hand the impact on the housing market.
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