Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That’s the highest point it’s been in almost two years. If you’re thinking about buying a home in the Boston area, this news may have come as a bit of a shock. But the truth is, it wasn’t entirely unexpected. Experts have been calling for rates to rise in their 2022 projections, and the forecast is now becoming a reality. Here’s a look at the projections from Freddie Mac for this year:

• Q1 2022: 3.4%
• Q2 2022: 3.5%
• Q3 2022: 3.6%
• Q4 2022: 3.7%

As the numbers show, this jump in rates is in line with the expectations from Freddie Mac. And what they also indicate is that mortgage rates are projected to continue climbing throughout the

As we enter into a new year, Nick chats about some exciting new projects around Boston. He also gives tips for buyers and renters looking to make a move in the new year.

What are some new developments that you are excited about this year?

I’m excited to see the St. Regis Residences in the Seaport be completed.  Their services and finishes are extraordinary and will set a new bar for Boston luxury real estate.  Our agents have pre-construction access for anyone interested in potentially purchasing a condo in this project.  

Another new luxury development slated for completion in 2022 is The Parker.   Just steps from the Boston Common, this development has some of the best deals in new construction anywhere in the city.  I also think there is

As a buyer in a sellers’ market, sometimes it can feel like you’re stuck between a rock and a hard place. When you’re ready to make an offer on a home in the Boston area, remember these five easy tips to help you rise above the competition.

1. Know Your Budget

Knowing your budget and what you can afford is critical to your success as a homebuyer. The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. As Freddie Mac puts it:

“This pre-approval allows you to look for a home with greater confidence and demonstrates to the seller that you are a serious buyer.”

Showing sellers you’re serious can give you a competitive edge, and it helps you act quickly when you’ve found your perfect