Industry News
Andronaco Named Rye Branch Manager
August 19, 2019 | ReprintsPartners Bank has named the new branch manager for its Rye location.
Fed’s Real-Time Payment System Leaves Community Banks in a Bind
By | August 19, 2019 | Reprints | Unlock LinkWith access to a real-time payments system an important selling point for some business customers, Massachusetts’ community banks find themselves at a fork in the road following the Federal Reserve’s decision to launch its own payments network.
BAE Inks Second Major Relocation Deal
August 16, 2019 | ReprintsOne of Southeast New Hampshire’s biggest employers has leased over 100,000 square feet of industrial space in Hudson.
Nationwide Mortgage, Refi Applications Jump 22 Percent in One Week
August 14, 2019 | Reprints | Unlock LinkMortgage applications increased 21.7 percent nationwide from one week earlier in the wake of the Federal Reserve’s rate cut, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Aug. 9.
New Build-to-Suit Medical Building Lands $2.5M in Financing
August 13, 2019 | Reprints | Unlock LinkThe developer of a new medical office building in Somersworth now has financing for its construction.
Trump’s Trade War Could Lead to Lower Mortgage Rates
By | August 12, 2019 | Reprints | Unlock LinkWall Street’s anxiety over the Trump administration’s trade war with China could herald lower mortgage rates for homebuyers.
Coastal Mansions May Become Eligible for Disaster Aid
By | August 11, 2019 | Reprints | Unlock LinkA proposed massive overhaul of the federal government’s disaster aid system to correct mapping mistakes and other errors would lift the prohibition on aid for more than 900 other structures along the East Coast from New Hampshire to Virginia.
The Slowly Shrinking House
By | August 11, 2019 | Reprints | Unlock LinkOver the last decade, homebuilders have all but conceded the first-time buyer market to the resale sector. But evidence is mounting that builders are trying to get back into the game.
Where Do Granite Staters Commute to Every Day?
August 9, 2019 | Reprints | Unlock LinkAccording to a new state study, one in five New Hampshire residents commutes out of state every day for work.
Nashua De Novo Millyard Bank Gets FDIC OK
August 9, 2019 | Reprints | Unlock LinkA de novo bank seeking to open in Nashua received approval from the FDIC for deposit insurance on July 30. The bank-in-formation is still awaiting word on its application with the New Hampshire Department of Banking.