Mortgage rates in the United States rose for the first time this month. The average for a 30-year loan was 3 percent, up from 2.94 percent last week, Freddie Mac data showed Thursday. It was the first time since mid-April that the rate was at or above 3 percent. Rates have see-sawed over the past […]

Boston condo sales jumped to their highest first-quarter total in 16 years, according to a recent Douglas Elliman Downtown Boston market report. Sales jumped 18% year over year in the first quarter to 637, the highest first-quarter total since 2006. The average square foot of a sale declined for the fourth straight quarter to 1,132 square […]

The average U.S. mortgage rate fell for the second consecutive week, down nine basis points to 3.04%, according to Freddie Mac’s Primary Mortgage Market Survey. Despite rates mirroring mid-march levels, Sam Khater, Freddie Mac’s chief economist, doesn’t expect them to hold. “The economy is improving on the demand side and on the supply side, a variety of goods and […]