Main Content

Author Archive

Credit Card give Renters Points for Paying Rent

This is not an endorsement for this card as I am not using it myself, nor do I benefit from promoting the card. I am posting so my followers can check it out to see if it works for you. If you are a renter, you can use this card to charge yo...

Read more

Mortgage Rates

Interest Rates

The FED raised rates by a half percentage point last week. This will certainly give some buyers pause as it reduces the price of the house they can buy. For example, in buying an $800,000 home, a half percentage point would raise the mortgage p...

Read more

Mortgage Rates - Week of Mar 4, 2022

Mortgage Rates – Week of March 4, 2022

Applications to refinance a home loan increased 1% last week but were still 56% lower than the same week one year ago. Mortgage applications to purchase a home fell 2% for the week and were 9% lower year over year. While mortgage rate...

Read more

Rhoda Ostrer

Welcome Rhoda Ostrer to the Company

We are delighted to have Rhoda join Michelle Lane Real Estate. Rhoda brings a wealth of experience to the company, selling throughout the Greater Boston area as an award winning agent for Century 21 and Berkshire Hathaway Home Services. Rhoda c...

Read more

Interest Rates

Rising Interest Rates

The stock market was quite a roller coast ride last week. Jerome Powell announced that rates are going up 3-4 times this year beginning in March, which was a factor. He also indicated that there is a possibility that the first rate increase c...

Read more

Market Snapshot – Newton

Comparison to this time last year - Jan 7 2021 / Jan 2022 I am showing Newton numbers since that is where we sell most, but this is reflective of the Greater Boston market overall. Those numbers are 4,775 properties on today compared to 7.06...

Read more

Where are Rates Headed in 2022?

The bottom line for prospective homebuyers is this: The historically low mortgage rates of 2020 and 2021 are not coming back in 2022. But rates are likely to remain relatively low. Even a jump to 4% by the end of the year in 2022 would be ...

Read more

Penny I (Seller – Newton)

We were referred to Michelle by a friend. She knows Newton and the surrounding areas.  She knows real estate, she knows everyone associated with real estate, including mortgage brokers, inspectors, and insurance agents. Michelle is very pro...

Read more

New Newton Senior Center Coming

NEWTON, MA — The City of Newton will be breaking ground on a new center for older residents in summer 2023, according to a video announcement from Mayor Ruthanne Fuller. The new building, which city councilors on the Public Facilities and ...

Read more