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A mix of breaking news, trends and profiles of fascinating people and companies, Extra Credit aims to help smart professionals keep an eye on the future of the digital transaction
by Inman Jul 21
Better eyes real estate brokerage as next step in end-to-end platform
Better's real estate brokerage subsidiary has largely flown under the radar, but that's about to change as it seeks to become licensed in all 50 states
by Matt Carter Jul 21
Homebuyer pool set to expand with mortgage alternatives: CEOs
The CEOs of 2 leaders in the field — Divvy Homes and HomeLight — said during Connect Now on Tuesday that they can help agents' clients negotiate challenging market conditions
by Matt Carter Jul 20
If home prices don't cool, watch for Fed tightening and rising mortgage rates
Fannie Mae economists warn rising rents and record home price appreciation could help fuel inflation
by Matt Carter Jul 19
New restrictions on Fannie, Freddie refis blamed for tighter mortgage credit
After 6 months of easing, credit availability tightened by 8.5% in June
by Matt Carter Jul 16
Fannie and Freddie will eliminate mortgage refinancing fee starting Aug. 1
Mortgage giants' federal regulator expects lenders to pass savings along to borrowers
by Matt Carter Jul 16
First-time buyers still eager, despite snags on path to homeownership
A Chase survey revealed nearly 4 in 10 potential first-time buyers lost income during the pandemic, setting back their homeownership goals
by Daniel Houston Jul 16
EXp, Kind Lending team up to launch new mortgage platform
The new platform is called SUCCESS Lending and will offer loans to consumers working with eXp Realty agents
by Jim Dalrymple II Jul 15
A handshake in the midst of action
CEO Max Simkoff says Doma provides a 'white label' closing solution to real estate agents that provides a better consumer experience
by Matt Carter Jul 15
'Summer swoon': Mortgage rates dip further in mid-July throughout US
The average interest rate on a 30-year fixed rate mortgage dipped further this week, according to data from Freddie Mac
by Daniel Houston Jul 15
Mortgage boom for second homes takes hit amid new lending rules
New lending rules and a return to the office may have dented the prolific rise in demand for second-home loans, according to new data
by Daniel Houston Jul 14
Dip in rates boosts demand for mortgages
Applications for purchase loans and refinancing both up during holiday-shortened week
by Matt Carter Jul 14
Morty will expand nationwide with $25M in new funding
Series B funding will also enable mortgage marketplace to boost hiring, marketing and product development
by Matt Carter Jul 14
Compass is launching its own mortgage company, OriginPoint
OriginPoint will provide origination services to consumers in select Compass markets by the end of 2021, marking the brokerage's latest move toward an end-to-end transaction
by Marian McPherson Jul 13
Delinquency rate hits lowest level seen in a year: CoreLogic
4.7% of mortgages were delinquent in April 2021, a significant drop from the start of the pandemic
Exterior view of Custom styled home with manicured lawn and landscaping.
Rates on jumbo loans are currently lower than conventional mortgages, but could surge higher in the months ahead
by Matt Carter Jul 12