Brandon Archambault

Lovely Condo for Sale in Back Bay! Happy to help with all your home buying needs!

Beautiful new condo just listed...

https://bostonproperrealestate.com/homes-for-sale-details/63-ST-BOTOLPH-PH5-BOSTON-MA-02116/73067444/52/

Awesome Fenway Luxury High Rise Building!

"The estimates for the CPI inflation data were for 7.9% year-over-year growth. Some people in the markets had speculated that the data would come in even hotter than anticipated... However, the report came in at 7.7% — lower even than the forecast. 𝐀𝐬 𝐚 𝐫𝐞𝐬𝐮𝐥𝐭, 𝐦𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐫𝐚𝐭𝐞𝐬 𝐰𝐞𝐧𝐭 𝐟𝐫𝐨𝐦 𝟕.𝟑𝟕% 𝐲𝐞𝐬𝐭𝐞𝐫𝐝𝐚𝐲 𝐭𝐨 𝟔.𝟔𝟕% 𝐚𝐬 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐰𝐫𝐢𝐭𝐢𝐧𝐠."
"What a difference a year makes — now we’re excited to see mortgage rates getting below 7%! But it makes sense when you consider that over the last 52 weeks, mortgage rates have ranged from 3.14% to 7.37%... 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐫𝐚𝐭𝐞𝐬 𝐟𝐚𝐥𝐥𝐢𝐧𝐠 𝐭𝐨𝐰𝐚𝐫𝐝 𝟓% 𝐜𝐚𝐧 𝐬𝐭𝐚𝐛𝐢𝐥𝐢𝐳𝐞 𝐡𝐨𝐮𝐬𝐢𝐧𝐠 𝐢𝐟 𝐭𝐡𝐞𝐲 𝐡𝐚𝐯𝐞 𝐝𝐮𝐫𝐚𝐭𝐢𝐨𝐧. 𝐓𝐫𝐚𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥𝐥𝐲, 𝐦𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐫𝐚𝐭𝐞𝐬 𝐛𝐞𝐥𝐨𝐰 𝟒% 𝐛𝐨𝐨𝐬𝐭 𝐡𝐨𝐮𝐬𝐢𝐧𝐠 𝐝𝐞𝐦𝐚𝐧𝐝. 𝐓𝐡𝐞 𝐛𝐥𝐞𝐞𝐝𝐢𝐧𝐠 𝐧𝐞𝐞𝐝𝐬 𝐭𝐨 𝐬𝐭𝐨𝐩 𝐚𝐧𝐝 𝐰𝐡𝐚𝐭 𝐰𝐞 𝐡𝐚𝐯𝐞 𝐬𝐞𝐞𝐧 𝐢𝐧 𝐭𝐡𝐞 𝐝𝐚𝐭𝐚 𝐢𝐬 𝐭𝐡𝐚𝐭 𝐛𝐮𝐲𝐞𝐫𝐬 𝐝𝐢𝐝 𝐜𝐨𝐦𝐞 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐡𝐨𝐮𝐬𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐡𝐞𝐧 𝐫𝐚𝐭𝐞𝐬 𝐠𝐨𝐭 𝐛𝐚𝐜𝐤 𝐝𝐨𝐰𝐧 𝐭𝐨𝐰𝐚𝐫𝐝 𝟓%."
https://www.housingwire.com/articles/mortgage-rates-collapse-on-softer-inflation-data/
---
Questions? Want to talk more about the prospect of buying/renting in this current market? Don't be afraid to reach out!
---
Sales and Leasing Agent
Boston Proper Real Estate
49 Gloucester Street
Boston, MA 02115
C. (413) 262-1094
www.bostonproperrealestate.com

Mortgage rates collapse on softer inflation data With the CPI inflation report being positive, the 10-year yield fell noticeably, and mortgage rates will fall with that.