Condo Prices Surge Past Single-Families in February
The median sale price of a condominium in Massachusetts surpassed that of a single-family home last month, surging 17.6 percent over February 2018 to $350,000.
Rising Mortgage Rates Threaten Housing Affordability in Boston
The years of historically affordable mortgage rates look to be ending as rates have steadily increased in recent months and show no signs of turning back, according to data released today by Zillow.
MA Mortgage Delinquencies Down to 4.6 Percent in December
Nationally, 5.3 percent of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in December 2017, according to CoreLogic, a global property information provider. This represents no change in the overall delinquency rate compared with December 2016 when it was also 5.3 percent.
U.S. Consumer Prices Slow as Gasoline Falls, Rents Moderate
U.S. consumer price growth slowed in February amid a decline in gasoline prices and a moderation in the cost of rental accommodation, the latest indication that an anticipated pickup in inflation probably will be only gradual.
US Nonfarm Payrolls Post Largest Gain in 18 Months
U.S. job growth surged in February, recording its...Mortgage Applications Tail Off as Rates Climb
Mortgage applications decreased 6.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 16, 2018.
