When applying for a mortgage, it’s important to understand the potential impact of a job change. Lenders generally prefer borrowers with a consistent employment history, and a recent job change may raise concerns about job stability and income sufficiency. A steady employment record of at least two years is typically preferred by lenders. Additionally, meeting […]
Tips for Finding an Excellent Home and a Favorable Deal in a Seller’s Market
The Boston real estate market is known for its fast pace and lack of inventory, making it a challenging environment for buyers. In a seller’s market, where there are more buyers than available homes, it’s crucial to employ strategies that can help you secure a great home and a favorable deal. Here are some tips […]
Navigating the Current Landscape: Investing in Commercial Real Estate
In today’s dynamic financial landscape, one question continues to intrigue both seasoned investors and newcomers alike: Is now the right time to invest in commercial real estate? The world of real estate investing offers unique opportunities for those seeking long-term growth and stability. In this article, we will explore the current market conditions, assess the […]
Rising Mortgage Rates Pose Challenges for Homebuyers Amidst Economic Uncertainty
In recent weeks, the bond market has experienced a notable trend, leading to an increase in mortgage rates. As reported by Freddie Mac, the average rate for a 30-year fixed mortgage rose to 6.57% from 6.39% the previous week. This surge in rates comes at a time when concerns about the economy are mounting due […]