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Boston luxury real estate

Major Boston Developments: 9 Projects Transforming The City.

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By tom Acitelli of Curbed Boston

Boston is famously in the midst of a building boom—and not a moment too soon given the cost of housing in the city

Here are nine major projects under construction that are not only transforming Boston’s built environment, but providing a real-time gauge of its real estate. How these go, so will likely go [...]

This is the best day and time to list your home for sale

A home is offered for sale in Chicago, Ill.

By Diana Click of CNBC

For homesellers, even in a market with next to nothing for sale, timing is everything. Listing your home on a certain day — and even a certain time of day — may make it sell faster and for more [...]

House Hunting? Here's How To Win a Bidding War.

How to win a bidding war when buying a home from CNBC.

Today's housing market is arguably one of the most competitive in history. A record low supply of listings, coupled with extraordinarily high demand from the largest generation, mean fast-rising home prices and more people going after the hottest properties. Bidding wars are now the [...]

Global Tumult Helps Keep Mortgage Rates Low

Fixed 30 Year Mortage Rate Chart

 Aaron Terrazas at Zillow Research

Mortgage rates fell over the past week to their lowest levels in a month and are now below where they stood at the end of February.

The week was a repeat of the familiar pattern we have seen repeatedly for the past few years: Just as macroeconomic fundamentals are poised to push rates higher, geopolitical fears seize the headlines, prompting a financial flight to safe assets and pushing mortgage rates downward.

Looking only at interest rates and not at the broader context, U.S. home shoppers have been indirect beneficiaries of a tumultuous world buffeted by fears of financial instability in China and Brexit over the past two years, and now fears of a global trade war. The decline in mortgage rates is all the more telling because it occurred the same week that the Federal Reserve increased short-term lending rates. After steepening somewhat during the first two months of 2018, the yield curve is again flattening.

Beyond ever-present (and difficult to predict) geopolitical risks, markets are likely to watch for inflation data due Thursday as well as speeches by two Federal Open Market Committee voters early next week. Markets will be closed for the Good Friday holiday, which could temper volatility, although borrowers should expect conservative pricing going into the long holiday weekend.

Fixed 30 Year Mortage Rate Chart

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