by Mike Breed | Dec 28, 2022 | Blog
Despite a slower real estate market, PropTech remains the wave of the future. The initial wave of PropTech companies focused on creating platforms for buyers and renters, but now the PropTech revolution is expanding into the mortgage sector as well. A good example of...
by Mike Breed | Dec 21, 2022 | Blog
Forget about the big breakthrough in nuclear fusion. Sun West Mortgage Co. says it now has the technology to underwrite a mortgage in about the time it takes for you to watch your favorite show. Borrowers looking to buy a house or refinance can get an answer back from...
by Mike Breed | Dec 21, 2022 | Press Releases
November single-family home sales hit an eight-year low. PEABODY, December 21, 2022 – Massachusetts single-family homes sales declined in November on a year-over-year basis as higher interest rates, constricted inventory, and economic uncertainties continued to impact...
by Mike Breed | Dec 16, 2022 | Blog
As mortgage rates have eased, there has been a small uptick in buyers seeking mortgages and homeowners looking to refinance loans. But both key sectors, long the bread and butter for mortgage companies and brokers, remain at very low levels of activity. The number of...
by Mike Breed | Dec 7, 2022 | Blog
Home sales are down sharply, and so is mortgage lending. And the refinance business is a fraction of what it was before inflation surged out of control and the Fed began aggressively hiking rates. What’s a mortgage lender to do? Well one option, and a tried and true...
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