Boston has ranked fifth among some of the largest US metropolitan areas with 11 “Million-dollar cities,” according to an analysis Zillow released Monday. Between demographic trends and the effects of the coronavirus pandemic, 2020 brought a surge in the market, and Zillow announced that there are now 45 more US cities with a typical home value of at least $1 million than there […]
Mortgage rates fall to yet another record low
Mortgage rates fell to another record low last week, for the 15th time this year. The average interest rate on a 30-year fixed-rate mortgage dropped to 2.67%, according to Freddie Mac. That’s the lowest level in the nearly 50 years of the mortgage giant’s survey. The 15-year fixed-rate mortgage dropped to 2.21%. This new low comes as the […]
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