They were all the rage – then the scourge – of the housing boom and bust. Now they’re back, big time: home mortgages that require tiny or zero-down payments from buyers.
Fenway Park may have bragging rights when it comes to game attendance.
The banking industry has been put through its paces in recent years, and more challenges are coming.
Interest is stirring over the topic of no-income verification loans – sometimes called “liar” loans. Some in the industry blame them for the last mortgage crisis. Are they making a comeback, despite the Dodd-Frank Act’s regulatory changes?
When the state Department of Transportation (MassDOT) turned its attention toward enhancing parcels beneath the I-93 highway in Boston, it discovered a transformational opportunity hiding in plain sight.
When the Turnpike Extension opened in 1965, it established a new era of connectivity and economic opportunity for Boston and the region. Today, the Turnpike needs rebuilding, improvement and reconfiguration.
Massachusetts is a national leader in affordable housing by creating a system that provides reliable capital funds to affordable housing developers and because of leadership that consistently supports it. Current legislative proposals aim to recapitalize these programs through the introduction of new housing bond bills that seek over $1.3 billion in additional capital authorization for affordable housing.
It’s the No. 1 reason why mortgage applicants nationwide get rejected: They’re carrying too much debt relative to their monthly incomes. It’s especially a deal-killer for Millennials early in their careers who have to stretch every month to pay the rent and bills.
As it approaches its 50th anniversary, the original framers of Chapter 40B, Massachusetts’ affordable housing development statute, must be shaking their heads in disappointment – or, given how very long it has taken to get to this point, rolling over in their graves.
The casino competition is heating up.
If you’ve heard that some people might get a magic boost to their FICO credit scores in the 10-point range – without having to do anything – you’re right. But hundreds of thousands of consumers’ increases will be much larger.
If there is one thing that holds true for all types of retail, from fortress-style Class A malls to new open-air retail destinations to e-commerce companies, it’s the need to keep it fresh.
Boston is in many ways just a very large small town, with all the intrigue and gossip that abounds in such areas – though it does tend to lack the fences that make for both good neighbors and good conversations.
All of us need housing which is affordable. That means having real housing choices at the right price for individuals and families.
It’s tough out there for a 25-year-old. Boston is in a many ways a wonderful city with a lot to recommend it – which may be why it has the highest concentration of Millennials of the 25 largest cities in the U.S.
The gig economy, brought to you by Laissez-faire bnb.
A great revolution in our relationship with the automobile is happening across the Unites States and in Boston. The car, a fixture for most Americans, is slowly losing its grip on our daily lives.
Could condominiums financed with low down payment government-backed mortgages stage a surprise comeback under the Trump administration, which generally seeks to reduce federal involvement in housing?
Whether your clients are first-time buyers, homeowners listing their property in a red-hot market or global buyers transacting in the U.S., are you able to articulate how you can help them save money on their real estate transaction?
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