Boston luxury condos for sale
After a slight uptick last week, mortgage rates fell back to what’s become a more regular pattern this summer of hovering near three-year lows. Boston luxury condo buyers are responding to the lower rates, and mortgage applications for home purchases have continued to rise steadily the last two months to the highest year-over-year change since the fall of 2017, says Sam Khater, Freddie Mac’s chief economist.
“While the improvement has yet to impact home sales, there’s a clear firming of purchase demand that should translate into higher home sales in the second half of this year,” Khater says.
Freddie Mac reported the following national averages with mortgage rates for the week ending July 25:
- 30-year fixed-rate mortgages: averaged 3.75%, with an average 0.5 point, falling from last week’s 3.81% average. Last year at this time, 30-year rates averaged 4.54%.
- 15-year fixed-rate mortgages: averaged 3.18%, with an average 0.5 point, falling from last week’s 3.23% average. A year ago, 15-year rates averaged 4.02%.
- 5-year hybrid adjustable-rate mortgages: averaged 3.47%, with an average 0.4 point, falling from last week’s 3.48% average. A year ago, 5-year ARMs averaged 3.87%.
- Boston Luxury Condos and Downtown/Midtown Real Estate for Sale
Boston Beacon Hill condos for sale
Charlestown Boston high rise condos for sale
Charlestown Navy Yard high rise Boston condos for sale
Fenway Boston luxury high rise condos for sale
Financial District luxury high rise condos for sale
Highrise Boston luxury condos for sale
Midtown/Downtown luxury high rise condos for sale
North End Boston luxury condos for sale
Seaport District high rise condos for sale
South Boston high rise luxury condos for sale
Waterfront Boston luxury condos for sale
West End Boston condos for sale
Beacon Hill luxury condos for sale
Back to Homepage
Beacon Hill condos for sale
Boston Midtown Condos For Sale- For more information contact Janet Lamb or John Ford at 617-595-3712