The City of Boston hosts a search and newsletter for affordable homes in the metro Boston area, as well as resources and articles for helping homebuyers in and around the City.
Freddie Mac Homebuying Guide
Freddie Mac hosts a range of tools, guides, and information about the homebuying process. Check out there website for a self-guided tour of the process, or contact a first-time homebuyer education agency for an expert-guided experience with a trained expert.
Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau's (CFPB) mission is to make markets for consumer financial products and services work for Americans — whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products.
Maintaining and Improving Your Credit
The CFPB has some great tools and information about the basics of what credit is and how to protect or rehab this important key to buying a home.
Get Your Free Annual Credit Report
Federal law requires each of the three nationwide consumer credit reporting companies - Equifax, Experian and TransUnion - to give you a free credit report every 12 months if you ask for it. And you should ask for it every year. They also make it easy to accomplish many credit-related tasks online. Visit today to learn more.
STASH Match-Savings Program
A program of the Massachusetts Affordable Housing Alliance (MAHA), STASH is a first-in-the-nation matched-savings program for first-generation homebuyers below the area median income. If you are the first-generation in your family to buy a home, you may be eligible for $2,000 in STASH (Saving Toward Affordable Sustainable Homeownership) matched savings. If you are buying in the City of Boston, then you may qualify for $5,000 in match dollars.
MHP Data Town
Want to know about the communities where you might be looking to buy a home? The Massachusetts Housing Partnership hosts an interactive web site that compiles community-level information from various available data sources for all 351 Massachusetts cities and towns, and visualizes that data in graphics and charts so it's easy to understand and use.
VA (Veterans Affairs) Home Loans
VA Home Loans for military veterans are provided by private lenders, such as banks and mortgage companies. VA guarantees a portion of the loan, enabling the lender to provide you with more favorable terms. Main pillars of a VA loan are: possible no down payment required, competitively low interest rates, limited closing costs, no need for Private Mortgage Insurance (PMI), the VA home loan is a lifetime benefit you can use multiple times.
U.S. Weekly Average Interest Rates
Freddie Mac surveys lenders each week on the rates, fees and points for the most popular mortgage products. The Primary Mortgage Market Survey (PMMS) results are released every Thursday at 10 a.m. See how your rates compare to average.