Mortgage Headlines Are Scary — But Here’s What They’re Not Telling You
If you’ve been keeping up with the news lately, you’ve probably seen some worrying headlines about the housing market in Massachusetts:
- “Massachusetts Homebuilders Brace for Tariffs to Raise Costs and Slow Housing Production” (WGBH News, April 1, 2025)
- “Massachusetts housing crunch requires ‘more muscular’ state action, Congressman says” (Cape Cod Times, April 3, 2025)
- “Average MA Home Sold For $600K In March.” (Patch, April 24, 2025)
- “Greater Boston Housing Market Headed for a Slowdown” (What Now: Boston, April 25, 2025)
There’s a common thread running through every one of these stories: Despite rising rates, market uncertainty and even fears of job loss in some industries, the cost of buying a home in Massachusetts remains high and shows little or no signs of relief.
Inventory is low and the homes that are available often see competition from multiple buyers. Waiting for prices to drop simply isn’t playing out the way so many of us had hoped.
Rising Rates, Volatility, Uncertainty
We’ve seen significant rate increases and huge swings from week to week. Rate volatility has made it harder for buyers to feel confident about when to make a move. Some have chosen to sit on the sidelines, hoping for calmer waters ahead, but in the meantime, prices haven’t budged.
Layer in concerns about inflation, potential job losses and a slowing pace of home construction. Those headlines can make anyone feel discouraged. But here’s the truth: People are still buying homes every day.
So, what’s making the difference between frustrated buyers frozen in place and successful buyers living in their dream home? Simple: it’s having the right team to guide you.
Your Team Matters More Now Than Ever
Going it alone can be a costly mistake. Getting from “we’re thinking about buying” to “we’re moving in” takes more than just checking Zillow and hoping for the best. It takes strategy, coordination, and the help of professionals who know how to navigate through the stress, distractions and curveballs involved in the homebuying process.
That’s why your success depends on having the right people by your side:
- A skilled realtor who understands the local market and helps you craft winning offers without overpaying
- A professional mortgage broker (like me!) who can help you find and lock in the best financing option for your situation—and keep an eye on rates so you don’t have to
- An experienced closing attorney who makes sure your paperwork is solid and your deal closes smoothly
- Reliable movers and organizers who help reduce the stress of the transition so you can focus on your next adventure in life
It’s not about finding any house. It’s about finding the right house, with a plan that makes sense for your finances.
Don’t Let the Headlines Decide for You
Listen, the headlines aren’t wrong. There are real challenges in today’s market. But waiting for the “perfect moment” could mean missing out entirely.
If you’re feeling unsure about whether this is the time to buy, let’s talk. I’ll help you understand your options, explore creative solutions, and make a plan that works—even in a market that feels unpredictable and scary.
When you’re ready, I’m ready.
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Ready to buy a new home or refinance the one you own? Please get in touch and I’ll be happy to answer your questions and help guide you through the process. I look forward to speaking with you.
National Barbecue Month
With Memorial Day just a month away, and the weather finally warming up here in New England, there’s no better time to fire up the grill. While many people associate barbecue season with the height of summer, May is actually National Barbecue Month.
It’s the official kickoff to outdoor cooking, backyard get-togethers, and all things grilled and smoked.
Here are four ways to ease into grilling season:
- Keep It Simple: You don’t have to overcomplicate things. A good marinade, some fresh vegetables, and quality meats or plant-based options can go a long way. Even basic burgers and hot dogs feel special when shared outdoors.
- Try New Ideas: Never grilled pineapple before? Curious about smoked salmon? National Barbecue Month is the perfect excuse to experiment with flavors, rubs, and recipes.
- Prep Your Grill: Before you host that first cookout, take a minute to clean your grill, check the propane or charcoal supply, and make sure your tools are in good shape.
- Side Dishes: Great barbecue also means fresh salads, corn on the cob or a watermelon slice to round out the meal and keep things simple.
So go ahead and invite a few friends. Keep the menu relaxed and enjoy the start of grilling season in May!
Home Improver: Is It Time To Check Your Homeowner Insurance Coverage?
When was the last time you took a close look at your homeowner insurance policy? If it’s been more than a year, or if you can’t even remember, you’re not alone. But with rising construction costs, supply chain issues, and inflation still making headlines, it’s important to make sure your coverage is keeping up.
Many homeowners set up their policy at closing and never revisit it. The problem? A lot can change in just a few years. The cost to rebuild your home may have gone up. You might have made improvements like finishing a basement, updating a kitchen or adding solar panels. Or maybe you’ve acquired higher-value personal items like jewelry, artwork or electronics. If your policy hasn’t been updated to reflect these changes, you could be underinsured. That could lead to financial stress in the aftermath of unfortunate events.
Here are a few key questions to ask when reviewing your coverage:
- Does your policy reflect the current cost to rebuild your home (not just the market value)?
- Have you added or upgraded anything that should be included in your coverage?
- Are your personal belongings adequately protected (especially high-value items)?
- Do you understand your deductible and any exclusions in your policy?
- Do you have coverage for additional living expenses if you’re displaced during repairs?
An annual check-in with your insurance agent is a smart move. They can help you assess whether your coverage is still a good fit for your home, your belongings, and your peace of mind.
Don’t wait until you need your insurance to find out if it’s enough. Take a few minutes now to review your policy, ask questions, and make sure your home—your biggest investment—is fully protected.