CRE, biz, & resi banker @ Bank of Canton; cofounder @atlanticrii; owner @s_shoreflagpole; chairman @MarshfldChamber; board member @marshfieldlax @PlyCoalition
Marshfield, MA
Joined March 2009
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Jeremy Devaney | NMLS #1313138 retweeted
The South Shore Chamber of Commerce visited the @AtlanticRII for their Economic Development Day yesterday. ARII co-founders, @JeremyDevaney & @BraitLara were joined by Chamber Director, @TimCahillQuincy as they discussed “Coastal Economic Development & the Blue Economy.”
Jeremy Devaney | NMLS #1313138 retweeted
Save the Date! June 23-26, the @AtlanticRII will host the 2nd Symposium on Coastal Resilience. Students in grades 8-12 are welcome. Registration info will be forthcoming. If you have any questions, reach out to me at [email protected]. @BraitLara @JeremyDevaney
Jeremy Devaney | NMLS #1313138 retweeted
Still room for students in grades 8-12 to sign up for the
@AtlanticRII Spring Symposium on Coastal Resilience. Students from Hingham to Plymouth have signed up & we are looking for more. @RetiredMPSDSup
@BraitLara @JeremyDevaney @PrincipalCetner @FBMSPPAL forms.gle/pttXdZNDVKTQSAYY8
Jeremy Devaney | NMLS #1313138 retweeted
Incredible winds on Mt. Washington, NH today. Winds up to 161mph and wind chills to -63ºF observed!
Tropopause fold and intense pressure gradient are combining to generate the winds. This timelapse from the WIldcat webcam shows the clouds spilling over the Presidential Range
Jeremy Devaney | NMLS #1313138 retweeted
🚨 ESPN Announces 2025 Men's Lacrosse TV Schedule With 28 Games on ESPNU, ACC Network 🚨
Full 📺 slate:
insidelacrosse.com/article/e…
Jeremy Devaney | NMLS #1313138 retweeted
TY to Harbormaster Mike DiMeo for taking the time to discuss ways in which he can collaborate with the @AtlanticRII & Marshfield Academy, as we get ready to start our first cohort this fall. #WeRMarshfield @BraitLara @JeremyDevaney @Marshfield_PD
Jeremy Devaney | NMLS #1313138 retweeted
@AtlanticRII & Marshfield Coastal Academy are excited to meet 100s of students at today’s Waterworks Blue Economy Career Exploration Fair. Thank you to the Cape Cod Blue Economy Foundstion for the invite. @RetiredMPSDSup @BraitLara @JeremyDevaney
Jeremy Devaney | NMLS #1313138 retweeted
Last night the GOAT Tom Brady delivered an unforgettable speech about football
Jeremy Devaney | NMLS #1313138 retweeted
Big GDP and PCE data in week ahead:
We will get the first estimate of the GDP for the first quarter.
Growth could come in ~ 2.5%, with many bracing for an upside surprise given the @AtlantaFed GDP nowcast running at 2.9%:
-Consumers remained defiant, posting solid if not spectacular gains after accelerating in the second half of 2023.
-Business investment likely picked up, aided by investment in chip plants, new tech and intellectual property.
-Residential investment picked up after a soft fourth quarter, aided by temporary drop in mortgage rates. Single family home builders continue to move downscale to tap pent up millennial demand. Higher rates could crimp second quarter gains. Multifamily construction hit hardest.
-Inventories were rebuilt after drawdown in fourth quarter.
-Federal gov’t spending was constrained by the continuing resolution. State & local (lion’s share) held up better.
-BIGGEST NEGATIVE => Trade deficit widened as U.S. outperformed major trading partners.
Jeremy Devaney | NMLS #1313138 retweeted
Women Owned Business Expo coming soon to Marshfield! Join us as we celebrate the success and talent of women across the Commonwealth! #WomenInBusiness #marshfieldma #marshfieldtoday #southshore #wallofwomen @MassGovernor – at Marshfield, MA
Jeremy Devaney | NMLS #1313138 retweeted
The mortgage market is passing through a severe recession
It's one of the worst downturns in mortgage market history
Traditional refi is pretty much RIP right now
Total mortgage apps are still negative on a year-over-year basis
Jeremy Devaney | NMLS #1313138 retweeted
Falling mortgage rates prompted fence sitters. Unlike other post-pandemic dips, this episode has also scared out sellers, who know the gig is up
Listings up 5.8% YoY, biggest in 2 yrs, to 4.2-months' supply, which fits "balanced" definition of 4-5-months
redfin.com/news/housing-mark…
Jeremy Devaney | NMLS #1313138 retweeted
Another big week for the 9-10 Boys at the @usatf Region 1 Junior Olympics! Graham D. places 4th overall, followed by Peter C. in 6th & Anand A. in 29th! All 3 medal & advance to take on the USA's best in Kentucky on 12/9!
Jeremy Devaney | NMLS #1313138 retweeted
After qualifying in the top 30 at last week's New Englands, a record 9 Road Runners are headed to upstate NY to compete at the Region 1 Junior Olympics this Sunday! Let's go, Road Runners!
Jeremy Devaney | NMLS #1313138 retweeted
1976 is the last time the “market mortgage rate” (which is now 7.9%) diverted from the “effective mortgage rate” (which is now 3.6%) like this.
It took until 1984 for the two to converge again.
Jeremy Devaney | NMLS #1313138 retweeted
Mortgage rates moving from 7 to 8% since July means around 5 million fewer households would qualify for a $400K mortgage.
The potential borrower pool has now shrunk by -56% since in 2021 when rates were 3%.
Jeremy Devaney | NMLS #1313138 retweeted
#NEW The Mortgage Bankers Association capitulates on its Q4 rate call.
@MBAMortgage expects the 30-year fixed mortgage rate to average 7.2% in Q4 2023 (previously forecasted 6.3% for Q4).
Jeremy Devaney | NMLS #1313138 retweeted
OK, all you young players…what have we learned watching Brennan O’Neill? The stroke you should be working on is “overhand to the side pipe”, hi or lo, near or far. There is a deception in that lead shoulder that freezes goalies. Put away that sidearm to the top bar….
Jeremy Devaney | NMLS #1313138 retweeted
SMB Twitter 🚨🚨
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Share this post and join the below LinkedIn group if you’re interested in connecting with your favorite Twitter friends in another forum.
You know, just in case!
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