Demand for purchase mortgages jumped the week ending Nov. 19 to the highest level since the expiration of the homebuyer tax credit, the Mortgage Bankers Association said in releasing the results of its Weekly Mortgage Applications Survey.
Purchase loan applications were up 14.4 percent from the week before, the MBA said, to the highest level since the week ending May 7. The increase in demand was magnified somewhat by the fact that the previous week included Veterans Day and no adjustment was made for the holiday, the MBA said. see full article
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The Kinnane Group recently received confirmation of their status as an approved real estate appraisal service provider for the Rockland Trust Company. The Rockland Trust Company is a full-service community bank headquartered in Massachusetts, with approximately $4.5 billion in assets. The sole bank subsidiary of Independent Bank Corp. (NASDAQ: INDB), Rockland Trust provides a wide range of consumer, business, investment, and insurance products and services to communities in Eastern Massachusetts. The RTC network consists of 70 retail branches, 10 commercial lending centers, four mortgage banking centers, and three investment management offices located in Massachusetts, plus one investment management office in Rhode Island.
Visit Rockland Trust online Having suceesfully completed her course work during the spring of 2010, Karen Flaherty of Westport, MA has recently received confirmation from the state of Massachusetss that she has earned her Real Estate Appraiser's Trainee License. In Massachusetts, all applicants for licensure must demonstrate that he or she is of good moral character with a reputation for honesty, trustworthiness, and integrity; and also meet the requirements for the license. Each trainee applicant is required to complete 75 classroom hours of primary education in real estate appraisal courses approved by the Massachusetts Board of Real Estate Appraisers and shall satisfy the education criteria set forth by the Appraiser Qualifications Board.
Kristen Kidd of Portsmouth, RI becomes the newest residential appraiser at the Kinnane Group. Kristin comes to us with several years of experience serving the local real estate market having initially worked as an appraiser for the IE Morss Agency of Westport, MA in 2003. Since that time Kristen has worked full time as a real estate appraiser and is not only a Certified Residential Appraiser In Rhode Island and Massachusetts, but is FHA approved in both states as well. Amongst her long list of professional development, continuing education courses and seminars, the core of her education has focused on real estate analysis, residential design and construction as well as appraisal processing and technology.
Kristen provides a fine compliment to our existing staff and is well known for her professionalism, thoroughness and efficiency in appraisal research and report processing. |
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