They Just Built Their Dream Home on Cape Cod—Now the State Will Tear It Down
Last summer, Marc and Joan Hendel were among the owners of 13 homes Massachusetts planned to seize by eminent domain to make way for the new Sagamore Bridge. Now, most of those homes belong to the state. By April of this year, Massachusetts had taken 11 of the 13 properties, including the Hendels' n
Mortgage Applications Rise After Hope of Iran Peace Deal Drove Brief Dip in Rates
Mortgage applications to purchase and refinance a home both rose last week, when hopes of a deal to end the Iran war drove a brief dip in mortgage rates, according to the Mortgage Bankers Association. For the week ending Aug. 7, MBA's Market Composite Index—a measure of total mortgage loan applicati
Here’s Why Mortgage Rates Are What They Are Right Now
If you're waiting for mortgage rates to fall a lot before you buy, you may be waiting a while. But before you get discouraged, there's a number working behind the scenes that's actually good for you right now. It's called the spread, and once you understand it, you may see today’s rates in a whole n
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