In a nation where only 4.27 percent of owner-occupied properties in the top 50 metros are valued at $1 million or more, Boston has the seventh most, a study released June 9 indicates. How common million-dollar homes are can vary significantly from metro to metro, according to the study, conducted by LendingTree. For example, 47.29 percent of […]
Boston sees the 4th-highest jump in home prices in the US
WASHINGTON (AP) — In March, US home prices jumped by the most in more than seven years as an increasing number of would-be buyers compete for a dwindling supply of houses. The March S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, rose 13.3 percent from a year earlier, the biggest gain since December 2013. That […]
US long-term mortgage rates climb (May 20)
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 […]
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