Webster Bank Mortgage Rates Review
Harold Webster Smith founded the bank in 1935 using $25,000 borrowed from his friends and family. At only 24 years old, Webster wanted to make homeownership a reality for Depression-era Americans. Originally named First Federal, the lender changed its name to Webster Bank in 1995, when Harold Webster Smith retired from his role as chairman. Webster Bank offers numerous home mortgage options …
READ MORE
Best Mortgage Rates in Massachusetts
The online real estate database Zillow rates the current housing market in Massachusetts as “healthy,” with the state scoring 5.7 out of a possible 10 points on the company’s Market Health Index. The median listing price in Massachusetts stands at $439,900, while the Zillow home value index is $401,500. Those figures are significantly higher than the national median listing price of $275,000 and a home value …
READ MORE
Best Mortgage Rates in Michigan
The housing market in Michigan has been strong in almost all areas of the state. For example, the Holland Sentinel—citing data from the Michigan Regional Information Center and Michigan Realtors—simultaneously reported major demand and drops in inventory throughout the state’s western counties, particularly of lower-priced homes. Mortgage Rates in Michigan This caused a major spike in prices. Elsewhere in the …
READ MORE
Best Mortgage Rates in Florida
According to Zillow, the housing market in Florida is currently considered “very healthy.” The median listing price in Florida is $289,900, while the Zillow home value index is $227,800. This is slightly higher than the national median listing price of $275,000 and a home value index of $220,100. There has not been much significant change on a month-to-month basis, but …
READ MORE
40-Year Mortgage Explained
Numerous considerations factor into the home buying process, ranging from curb appeal to the quality of nearby schools, but few are quite as important as mortgage rates. Unless you’re buying outright with cash, a mortgage is essential, and the interest rate tied to it can determine your finances for decades to come. Rates can be either fixed or adjustable, and 40-year mortgages fall …
READ MORE
Best Mortgage Rates in Chicago
The median listing price in Chicago is $319,998, which is 16 percent higher than the national median listing price of $275,000. The city’s Zillow home value index of $228,600, however, is only 4 percent higher than the national figure of $220,100. Home values in the city have climbed roughly 13 percent in the last three years and are projected to increase another …
READ MORE