The Boston Condo Blog

New legislation put forth by U.S. Rep. Ed Perlmutter could result in lower-interest loans for people who purchase “Green” or energy-efficient homes or people who retrofit existing residences with ”green” features.
Seems like a great idea right?  It still needs some working out though.  Some home builders argue that it would result in increased construction costs and Fannie […]

According to the Mortgage Banker’s Association the number of mortgage applications increased 5.7% last week on a seasonally adjusted basis.  On an unadjusted basis the index rose 10.9% compared with the same week last year. 
What you might be thinking is that people are just refinancing much more often due to the fear that rates may […]

Today, the Fed made a somewhat suprise move and made a .75 rate cut ahead of their scheduled meeting on January 30th. 
So what does this mean?  Well, as a home buyer you won’t see the effects right away.  It sometimes takes a few months before this rate cut lowers your mortgage interest rate.  But, with rates already […]