by Nika Cataldo | Dec 13, 2023
Webster Bank launched its first special purpose credit program Tuesday, which is aimed at helping low- to moderate-income first-time homebuyers who might not be qualify for traditional home loans.
by Banker & Tradesman | Feb 5, 2023
At first glance, deed-restricted affordable condominiums seem like a strong policy tool to address the housing shortage. But the current structures governing these units locks their owners out of generational wealth – and even the ability to finance their purchase.
by Scott Van Voorhis | Jul 3, 2022
Massachusetts’ main multiple listings service is the target of a class action lawsuit claiming the longstanding buyer-broker commission rule is driving up home prices.
by The Associated Press | May 13, 2022
While the diverse Latino population in Massachusetts continues to struggle through the pre-pandemic issues of reduced educational and economic opportunity, and health care disparities, there is a reason for optimism, according to a new report released Wednesday.
by Banker & Tradesman | Oct 5, 2021
The Massachusetts Affordable Housing Alliance has named Symone Crawford its next executive director.
by Banker & Tradesman | Oct 11, 2018
Sixty-eight percent of local Millennials said owning a home is a top priority, according to Bank of America’s recent Homebuyer Insights Report.
by Banker & Tradesman | Aug 27, 2018
Nearly 30 percent of Millennials are tapping into their retirement savings for down payments, according to a new report from Down Payment Resource.
by Banker & Tradesman | Aug 12, 2018
As MassHousing watched the economy swing back into high gear, we witnessed first-hand the impact on the housing market.
by Jim Morrison | Mar 19, 2018
MassHousing launched a new down payment assistance program that will allow qualified first-time homebuyers to finance up to 100 percent of the purchase price.
by Banker & Tradesman | Feb 28, 2018
A coalition of real estate trade associations and nonprofit housing counseling providers released its findings on steps that can be taken to increase the utilization of nationwide homeownership education and housing counseling services.
by Jim Morrison | Jan 29, 2018
President Donald Trump’s State of the Union address is scheduled for tomorrow, but realtor.com tried to steal a little of the President’s thunder by releasing its own ‘State of the Housing Union.’
by Bram Berkowitz | Dec 24, 2017
ONE mortgages have done an outstanding job of helping black and Latino borrowers in Massachusetts purchase their first home, but it is also becoming less effective as area home values rise, according to recently released Data from the Massachusetts Housing Partnership of Home Mortgage Disclosure Act data.
by Banker & Tradesman | Dec 4, 2017
The National Association of Realtors came out strongly against the tax cut bill passed by the Senate this weekend, saying it “puts home values at risk and dramatically undercuts the incentive to own a home.”
by Banker & Tradesman | Nov 29, 2017
Younger generations want to buy homes, and some still hold traditional views on the value of homeownership.
by Jim Morrison | Nov 3, 2017
The National Association of Realtors came out strongly against the House of Representatives’ proposal to overhaul the tax code yesterday.
by Scott Van Voorhis | Oct 22, 2017
The mortgage interest deduction is the tax break all the smarty-pants love to hate, especially economists. It’s a big subsidy for wealthy homeowners and it doesn’t do much to encourage homeownership, they say.
by Bram Berkowitz | Sep 10, 2017
The explosion of fintech has credit cards declining and personal loans trending.
by Banker & Tradesman | Aug 27, 2017
Have you heard? According to media reports, the Millennials are responsible for the death of pretty much everything. Wine corks, napkins, the American Dream, the beer industry, homeownership – it’s a pretty long list.
by Scott Van Voorhis | Aug 27, 2017
The American Dream of homeownership is on life support, and who’s to blame? Certainly not the Greatest Generation, which beat the Depression, trounced the Nazis and built the suburbs.
by Christina P. O'Neill | Jun 25, 2017
The economic rebound from the 2008 recession is a rising tide that doesn’t necessarily lift all boats. Several sectors are showing mixed-blessing results, including credit card lending, retail, manufacturing, real estate and some financial sectors.