Rate Locks Ticking Up as Mortgage Rates Fall
As mortgage rates fall, prospective homebuyers have been locking in rates when looking for a home while current homeowners have been scouting out refinances at the highest rate in nearly two years. According to an Optimal Blue report on July mortgage application...Survey Finds Homebuyers Will Compromise on Safety, Natural Disasters
With costs continuing to rise, prospective homebuyers are making sacrifices to achieve homeownership. According to a recent report from Redfin, nearly 1 in 4 (23.7 percent) Gen Z respondents said they are willing to live somewhere less safe for the right price,...Eastern Bank Looks Ahead to Merger Benefits
Eastern Bank closed its merger with Cambridge Trust earlier this month, and executives spent part of the bank’s second-quarter earnings call looking ahead to the deal’s benefits while not expressing any immediate desire to continue expansion. With the merger also came...This Week’s Paper: Digital Edition
