Fewer Immigrants and Higher Rates Cut Competition as Sellers Cave
House hunters are soon likely to see less competition in the market due to a sharp drop in immigration that began last year.
Most Mortgage Borrowers Pay Too Much
Even if you shopped for the lowest mortgage rate you could find, you may be paying more than necessary – simply because you didn’t know lower rates existed.
Boston Remains Sellers’ Market Heading Into Spring
Despite heading into April with the largest number of homes on the market since 2020, data suggests sellers still have the upper hand in Greater Boston’s housing market.
Rate Uncertainty Adds Questions for Mass. Buyers
After a strong end to 2025, political uncertainty could add to mortgage rate volatility and make 2026 confusing for Massachusetts homebuyers.
New England Metros Feeling Greatest Mortgage Lock-In Effects
Several of New England’s biggest metros had the biggest gaps between the typical homeowner’s mortgage payment and what today’s typical buyer faces.
As Spring Market Opens, Where Are Mortgage Rates Headed?
As we move into the spring of 2025, the Boston housing market is facing some economic uncertainties that are shaking consumer confidence. But don’t expect mortgage rates to budge too much in April and May.
Fed Chief Indicates No Rate Cut in Offing Due to Tariff Inflation
Fed Chair Jerome Powell’s focus on the potential for more inflation suggests that the central bank will likely keep its benchmark interest rate unchanged at about 4.3 percent in the coming months.
Inflation Fears Rise, Sending Mortgage Rates Near 7 Percent
The average long-term U.S. mortgage rate ticked up again this week, starting the first full week of 2025 off at its highest level since July.
Trump’s Second-Term Agenda Clouds the Outlook for Mortgage Rates
The president-elect campaigned on a promise to make homeownership more affordable by lowering mortgage rates, but his policies could do the opposite, some analysts say.
Mortgage Rates Hit Highest Level in Eight Weeks. What Gives?
Mortgage rates have been climbing in recent weeks following a spate of encouraging reports on the U.S. economy, including a hotter-than-expected September jobs report and a snapshot of consumer prices.
Rate Locks Ticking Up As Mortgage Rates Fall
As mortgage rates fall, prospective homebuyers have been locking in rates when looking for a home while current homeowners have been scouting out refinances at the highest rate in nearly two years.
Average Mortgage Rate Falls to Lowest Level in Over a Year
The average rate on a 30-year mortgage fell this week to its lowest level in more than a year, a welcome affordability boost for prospective home shoppers and homeowners looking to refinance their home loan to a lower rate.
Mortgage Rates Dip Below 7 Percent
The average rate on a 30-year mortgage dipped this week to just below 7 percent for the first time since mid April, a modest boost for home shoppers navigating a housing market dampened by rising prices and relatively few available properties.
Inflation Report ‘Keeps Alive’ Possibility of Fed Rate Cut
Led by lower food and auto prices, inflation in the United States cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve and some borrowers.
March Inflation Reading Means ‘Bad News’ for Mortgage Rates
Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said Wednesday in a report that will likely give pause to the Federal Reserve as it weighs when and by how much to cut interest rates this year
High Mortgage Rates Set to Drive Equity Residential Rent Hikes
One of Greater Boston’s largest apartment landlords said high mortgage rates are keeping tenants out of the home ownership market longer and driving recent rent increases.
Rising Long-Term Interest Rates Pose Latest Threat to Economic ‘Soft Landing’
Surging interest rates are intensifying the challenges for the U.S. economy and threatening to derail the Federal Reserve’s drive to tame inflation without causing a deep recession.
Glaring Need for Housing Construction Underlined by Century 21 CEO
The highest mortgage rates in more than two decades are keeping many prospective homebuyers out of the market and discouraging homeowners who locked in ultra-low rates from listing their home for sale.
Powell at Jackson Hole: Economy Could Require More Fed Hikes
The continued strength of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said Friday in a closely watched speech that also highlighted the uncertain nature of the economic outlook.
Mortgage Rates Hit New 22-Year High
The average long-term mortgage rate climbed further above 7 percent this week to its highest level since 2001, another blow to would-be homebuyers.
