The cost of buying a Boston condo.

Thing about buying a Boston condo? If so, you may want to consider buying now as opposed to waiting much longer. The reason? Freddie MAs has made predictions that principle and interest on a 30 year mortgage will rise from the current 4.2% to 5.2% in the next 12 months. In addition, several agencies are predicting that home prices will appreciated by 4%. So, what does this mean for you? The info-graphic below shows you how much it will cost you on monthly payments with principle/interest  and PMI.

Buying a Boston condo, why waiting can cost you.

Boston condos for sale

Boston condos for sale

Source: Freddie Mac

Three bedroom Charlestown condo for sale.

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Source: MLS

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For more information on how to be a Boston condo owner please contact John Ford at 617-720-5454. You can also email at realtyford@yahoo.com

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For more information please contact one of our on-call agents at 617-595-3712.

Updated: January 2018

 

 

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