40-Year Mortgages Languish in Bay State
By Andrea Gregory
Massachusetts lenders might not be so quick to jump on the bandwagon of new long-term products such as the 50-year mortgage that some California mortgage companies recently have started to offer. That’s because, according to local lenders, recent experiments with 40-year mortgage products have failed to garner much traction on the East Coast.
|
Health Bill is Backed By Realtors
By Aglaia Pikounis
When Realtor Jeanette Tighe left the large real estate company she was working for 18 months ago, her health insurance costs nearly doubled.
|
|
|
Ameriquest Leaving Bay State as Part of Consolidation Plan
By Andrea Gregory
Orange, Calif.-based Ameriquest Mortgage Co. is pulling out of the Bay State, closing all of its local offices as part of a major consolidation. The announcement comes on the heels of a multimillion-dollar settlement between the mega subprime lender and state attorneys general.
|
Interested Property Seekers Not Daunted by High Prices
By Joe Clements
About the only product rising faster price-wise than gasoline these days just might be commercial real estate, but as the normally slow summer season approaches, stratospheric rates have done little to unclog the investment sales highway any more than $3-plus petrol is expected to thin the perennial crawl down to Cape Cod when Memorial Day arrives a few weeks hence.
|
47-Acre Easthampton Village Will Cater to Seniors, Families
By Aglaia Pikounis
When children’s advocate Judy Cockerton was looking for a partner to develop an innovative community for seniors and families hoping to adopt children in foster care, her search quickly led to a Boston-based firm with a rich history of building mixed-income multifamily housing.
|
|
