Mortgage Rates Tick Down

February 1, 2024

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30 year fixed rate mortgages by Realtor Michael Mahoney courtesy of Freddie Mac
February 1, 2024

Although affordability continues to impact homeownership, the combination of a solid economy, strong demographics and lower mortgage rates are setting the stage for a more robust housing market. Mortgage rates have been stable for nearly two months, but with continued deceleration in inflation, rates are expected to decline further. The economy continues to outperform due to solid job and income growth, while household formation is increasing at rates above pre-pandemic levels. These favorable factors should provide strong fundamental support to the market in the months ahead.
Courtesy of Freddie Mac

Graph of Mortgage Rates this Week from Freddie Mac

 

Looking for homes under 550,000. This would be a great place to check. www.HomesinBostonMass.com has a lot of great options.

 

Some related posts by Realtor Michael Mahoney

Mortgages Coming Down –  Are More People Selling?

What Lower Mortgage Rates Mean for Your Purchasing Power

See this mortgage information from Freddie Mac here

Michael Mahoney

mike@mmahoney.com
MA. License #9051300
Real Broker LLC License #423031

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See all the Properties in Greater Boston @ www.HomesinBostonMass.com

This is a head shot of Michael Mahoney who is a Boston Real Estate Agent with Real Broker - See more about Mike at www.RealtorMikeMahoney.com. If you need help with the web site, please reach out to Mike Mahoney via telephone at 617-615-9435 or via e-mail mike@mmahoney.comI am Michael Mahoney, a full time Realtor in Greater Boston focused on Norfolk & Suffolk Counties. I have been helping people fulfill the “American Dream” through home ownership, real estate wealth building, and real estate investment for over 2 decades.

My goal is to help people “go from the life they have to the life they dream about” using real estate as means to build wealth and financial security. If you want to make a change, I help people go from the “what if” to the “what is”.

I work in all price points. The majority of my business is repeat clients and the referral of clients from all over Eastern Massachusetts.

Quotes ImageI view my role as the advisor who helps people go from the life they have to the life they dream about. I help people go from the “what if” to the “what is”

I have sold everything from mobile homes to amazing estates. I have sold hundreds of homes, multi families and condos in almost every town in Suffolk and Norfolk County. I also sell homes in Plymouth, Bristol and Middlesex Counties. When asked what my specialty is, I often joke and say “from section eights to great estates”.

There is no property too small or too large in the residential space that I would shy away from.

All of my personal sales and marketing endeavors are supported by top-of-the-line personal market research completed carefully with expertise in order to create strategically targeted marketing collateral and campaigns for clients. I personally have a stand by commitment of 7-days a week for my clients. I aim to cultivate my own reputation for qualityprofessionalism and your results.

From selling hundreds of homes in Greater Boston comes experience and situational awareness that can only be developed over time which is a tremendous value to clients.
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The list below is general list of towns where I am actively working.
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Abington  Ashland Attleboro Avon Bellingham Boston Braintree Brockton Canton Dedham Dorchester Dover Foxboro Framingham
Franklin Holbrook Holliston Hopedale  Hyde Park Mattapan Medfield Medway Milford Millis Milton Natick
Norfolk North Attleboro  Norwood Plainville 
Quincy Randolph Roslindale Sharon Sherborn Stoughton Walpole Wellesley
West Roxbury Westwood Weymouth Wrentham

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