Mortgage Rates Are Tumbling. Will Anyone in Mass. Benefit?
Massachusetts renters struggle to become first-time homebuyers, but the recent downward trend in mortgage interest rates will help the richest ones most if it continues.
Massachusetts renters struggle to become first-time homebuyers, but the recent downward trend in mortgage interest rates will help the richest ones most if it continues.
Having the right talent, meeting customers’ needs and institutional investment proved crucial for Massachusetts’ fastest-growing mortgage lenders this spring.
As interest rates are on the decline, banks will face a new challenge as they look to maintain deposits or attract new customers.
East Cambridge Savings Bank and Middletown, Connecticut-based Liberty Bank both won two gold awards, more than any other financial institution this year.
After opening a loan office in downtown Springfield in October, Connecticut-based Liberty Bank officially opened its first bank branch in Massachusetts following successful expansion of its business lending in the Pioneer Valley this year.
Connecticut-based Liberty Bank recently opened a new loan office in Springfield, and is set to open a full-size branch in East Longmeadow “later this fall” as it chases what it believes is strong growth potential in the Western Massachusetts market.
The Pioneer Valley banking scene has a new entrant, in the form of Liberty Bank.
Middletown, Connecticut-based Liberty Bank has launched a digital bank for small business owners in Massachusetts, the growing lender’s latest effort to expand north into the state.