While Wall Street panics about lowering rates, Boston condo buyers are benefiting, especially in the downtown Boston real estate market, according to housing guru Ivy Zelman. She says every quarter-point cut in mortgage rates is equivalent to a 3 percent drop in the price of a home. “Right now housing prices are down for the […]
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source https://www.bostonreb.com/lower-mortgage-rates-make-boston-condos-for-sale-more-affordable/
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