Higher mortgage rates are now 'housing market's primary constraint,' economists at Fannie Mae said in a new forecast predicting home sales will fall 13.5% this year
Scottsdale, Arizona-based HomeLight says Series D raises the company's valuation to $1.7B, and acquisition makes it the largest 'agent-focused' cash offer program in the US
After bond market sell-off Friday and Monday, investors take Fed's 75 basis-point rate hike in stride. 'The Fed managed to hint at today's move,' said the COO of 1 capital markets advisory firm
Homebuyer demand for purchase loans picked up before a bond market sell-off sent mortgage rates soaring past 6%, according to the MBA's Weekly Mortgage Applications Survey
Brian Phillips will head operations for the company’s new Rocky Mountain Region, encompassing Colorado, Utah, Montana and Wyoming
Less than a month after partnering with Orchard to provide Power Buyer services, Lower pilots its own program in Columbus, Ohio, with plans to go nationwide
Dramatic inflation reading fuels speculation that Federal Reserve policymakers will implement drastic 75-basis point interest rate hike Wednesday
Bond market investors are wary that the Fed will be forced to implement drastic 75-basis point rate hike in June or July, as soaring cost of gas, food and rents drive inflation to 8.6% in May
Chris Erickson, who joins Motto Mortgage as vice president of product and strategy, has held product management roles at Guaranteed Rate, CoreLogic, Nationstar Mortgage and Citi
As Fed embarks on 'quantitative tightening' to trim $9 trillion balance sheet, interest rates could come under renewed pressure
Ohio is the sixth new state the New York-based Power Buyer has added this year, giving it a presence in 13 states
Only 17% of Americans surveyed in May said it was a good time to buy a home, breaking previous record lows of 19% seen in April and 24% in March
Representative of NAR's venture capital arm, Second Century Ventures, will serve as an observer on Knock's board
Before taking on the role of CoreLogic's chief economist, Nothaft spent nearly 3 decades at mortgage giant Freddie Mac
Investors warned of 'break even' second quarter as rising mortgage rates put a bigger-than-expected dent in loan originations
While real estate industry layoffs largely began with companies that provide mortgages and mortgage-related services, everyone from Adwerx to Zumper has been impacted by the downturn
The San Francisco-based startup had been on an IPO track but expanded 'faster than we could train, support and develop everyone,' according to a company memo obtained by Inman
Aggregate demand for mortgages, both purchase and refinancing, at lowest level since December 2018, as bottom falls out of refinancing market
Cuts were from the impact of the recent shift in the mortgage and venture capital markets due to the rapid increase in interest rates, according to Tomo CEO and Co-Founder Greg Schwartz
The 'coding issue’ reportedly affecting about 12 percent of credit scores calculated from March 16 to April 6, 2022, has been corrected, according to the company.
