Boston Condos for Sale and Apartments for Rent
You new Boston condo buyer have it so easy.
The graph below tracks mortgage interest rates from the 1980’s to the present day.
After mortgage rates went to 6% again yesterday, some think that this will cause a major Boston condo crash. I feel very confident the Boston condo market won’t have a melt down. You can see why – rates have been dropping for a generation; for them to now go up from 3% to 6% in a few months is unprecedented for today’s Boston condo buyers. But historically speaking, you have it much better than your parents.
