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January 30, 2024
Homebuyers are getting more for their money now that mortgage rates have dropped to 6.7% — down from nearly 8% in October. A homebuyer with a $3,000 per month budget can afford a house that costs nearly $40,000 more since mortgage rates peaked last fall, according to a new report from Redfin. A budget of $3,000 per month will buy a $453,000 home with a 6.7% mortgage rate. In October, the same buyer could have purchased a $416,000 home with an average mortgage rate of 7.8%. Don't Miss...
January 17, 2023
Mortgage Magic has integrated credit report interrogation into its platform through a partnership with credit agency TransUnion. The new function allows broker clients to fill in their fact find with robust information and lets them track their case in real time. It also features alerts that announce any changes or
October 10, 2022
Mortgage Magic has a launched online chat function that allows brokers to contact clients on its digital platform.Ā The firm says its platform can automatically create a chat group -- through its customer relationship management system -- that includes the clients, mortgage adviser and mortgage administrators working
September 29, 2022
The leading financial website dedicated to theĀ mortgageĀ intermediary. Read breakingĀ mortgageĀ news and mortgageĀ industry comment and analysis from recognised experts. Register now.
September 28, 2022
Mortgage Magic has launched new telephone services that enable brokers to make calls through the platform, record calls and generate reports. The new functionality will allow users to monitor and save call recordings for training and compliance.Ā The platform can also generate reports on telephone activity which can
August 10, 2022
Mortgage Magic is now offering an off-the-shelf website and social media solution for brokers. Named the Digital Package and designed by former brokers and people in the technology sector, Mortgage Magic says it will help increase business through a revamped front end and leads generated through social media. It can
August 3, 2022
Mortgage Magic has launched a back office system for mortgage brokers. The digital platform says the off-the-shelf system, called Prometheus, features a built-in customer relationship management system, E-ID verification, direct messaging and secure UK-based document storage that complies with GDPR. It also allows
July 18, 2022
The leading financial website dedicated to theĀ mortgageĀ intermediary. Read breakingĀ mortgageĀ news and mortgageĀ industry comment and analysis from recognised experts. Register now.
July 17, 2022
The leading financial website dedicated to theĀ mortgageĀ intermediary. Read breakingĀ mortgageĀ news and mortgageĀ industry comment and analysis from recognised experts. Register now.
July 16, 2022
The leading financial website dedicated to theĀ mortgageĀ intermediary. Read breakingĀ mortgageĀ news and mortgageĀ industry comment and analysis from recognised experts. Register now.