Journal Article

Homeownership in a high-cost region


Abstract: A perfect storm is brewing in eastern Massachusetts: high home prices, rising interest rates, and a proliferation of high-cost mortgage products. More buyer education and better state regulation of lenders not covered by the Community Reinvestment Act are needed.

Keywords: Home ownership - Massachusetts;

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Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: Communities and Banking

Publication Date: 2006

Issue: Fall

Pages: 24-27