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Mortgage Magic: Buyers Unlock Extra $40,000 As Rates Drop To 6.7%

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...
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Source: yahoo.com

Mortgage Magic launches online chat between brokers and clients

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
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Mortgage Magic offers website help with Digital Package offering

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
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