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Real Estate

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Monday, December 1, 2008

Luxury homes plunge in price

TOUGH SELL: This magnificent Manchester-by-the-Sea mansion saw its price drop due to the housing downturn. The number of single-family homes sold in excess of $2 million has also fallen this year.
By Thomas Grillo
Attention shoppers: One of the North Shore’s most stunning waterfront estates...
  1. Comments4 Comments

Mass. auctions off abandoned property on eBay

By Associated Press
BOSTON - The state is again auctioning off abandoned property on eBay. Treasurer Timothy Cahill says unclaimed property will be auctioned live from noon...
Sunday, November 30, 2008

Some buyers may see higher loan rates

By Jerry Kronenberg
Anyone looking to buy or refinance a relatively costly Greater Boston home should move quickly if they want to avoid higher mortgage rates. That’s...

Entering Dakota territory

ONO: You can be her neighbor for just $14.5M.
By Herald Staff
You can have Yoko Ono and Roberta Flack as neighbors - all for just $14.5 million. That’s what Christal...

The outer limits in mortgages

By Herald staff
If you borrow, say, $500,000 after Jan. 1, you’ll likely need a ‘jumbo’ mortgage instead of a cheaper ‘jumbo-conforming’...
Thursday, November 27, 2008

Meltdown not over, new US mortgage crisis looms

By Associated Press
WASHINGTON - The full scope of the U.S. housing meltdown isn’t clear and already there are ominous signs of a new crisis...
  1. Comments3 Comments

Wednesday, November 26, 2008

Home prices drop

Home sales up as prices drop. Source: The Warren Group. (Staff graphic by Jeff Walsh)
By Thomas Grillo
Single-family home prices in Massachusetts have fallen to their lowest level in six years. “Sellers understand...
Tuesday, November 25, 2008

Mass. home sales increase for second straight month

By Thomas Grillo
Single-family home sales in the Bay State grew by nearly 14 percent in October from a year ago, the second consecutive month...
  1. Comments3 Comments


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Mortgage Rates

Overnight AveragesToday+/-Last Week
30 yr fixed mtgGraph the three month trend5.76% 5.99%
15 yr fixed mtgGraph the three month trend5.50% 5.67%
30 yr fixed jumbo mtgGraph the three month trend7.27% 7.36%
5/1 ARMGraph the three month trend5.95% 5.89%

Home Equity Loan Rates

Overnight AveragesToday+/-Last Week
$30K HELOCGraph the three month trend5.08% 5.03%
$30K home equity loanGraph the three month trend8.09% 8.08%

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