On Tuesday, May 4th, 2021, the average APR on a 30-year fixed-rate mortgage fell 1 basis point to 2.849%. The average APR on a 15-year fixed-rate mortgage fell 1 basis point to 2.169% and the average APR for a 5/1 adjustable-rate mortgage (ARM) fell 4 basis points to 3.079%, according to rates provided to NerdWallet by Zillow. The 30-year fixed-rate […]
Mortgage rates move down to 3.04%
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 […]
David Ortiz’s Weston home sells for $3.5 million
“Big Papi’s” palace is off the market. Former Red Sox slugger David Ortiz and his wife, Tiffany, have found a buyer for their Weston mansion. The six-bed, six-bath estate, which is set on 2.15 acres, just sold for $3.5 million to Kenneth and Deborah Stevens, according to Southern Middlsex County Registry of Deeds. Kenneth Stevens […]
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