Home finance startup Lower lands $100M in Series A funding
Lower will use the funds to expand its product line and accelerate its growth. The company's website currently lists more than two dozen employment opportunities
by Matt Carter Jun 23
Generate more leads
Requests to refinance accounted for 62.5 percent of all applications
by Matt Carter Jun 23
Spike in refis led last year's home-lending boom, new data shows
Lenders in 2020 refinanced more than twice as many loans as they reported the previous year, a dramatic feature of the pandemic lending boom
by Daniel Houston Jun 22
Paying rent with a credit card touted as 'path to homeownership'
Kairos, the company behind the Bilt Mastercard, says renters can earn points and apply them to house down payment
by Matt Carter Jun 22
A senior couple enjoying the sunset
Homeowners with low mortgage rates and seniors choosing to age in place aren't eager to sell, according to a new analysis by First American Financial Corp.
by Matt Carter Jun 22
Inman Interactive: Where housing costs are straining budgets most
In this interactive map, see the states where homeowners with a mortgage have incomes that haven't kept up with housing costs
by Daniel Houston Jun 21
With foreclosures on horizon, RES.NET revamps REO portal
Agents can win real estate-owned listings from loan servicers and manage their own properties
by Matt Carter Jun 21
Rocket Innovation Studio goes straight to the source for tech talent
The partnership between Rocket and University of Windsor will introduce coders to Rocket Mortgage and Rocket Homes
by Matt Carter Jun 17
Mortgage rates continue to ease despite inflation worries
Markets concur with the view that inflation increases are temporary: Freddie Mac
by Matt Carter Jun 17
JPMorgan Chase commits $400M to affordable housing
New initiatives are aimed at helping close the housing affordability gap for Black and Latino families
by Daniel Houston Jun 16
Ryan Schneider shares the blueprint for Realogy's digital future
From virtual title closing services and staging to iBuying, Ryan Schneider is banking on Realogy's ability to lead the real estate industry into the digital age
by Marian McPherson Jun 16
Fed will keep buying mortgage bonds — for now
Tapering could happen sooner rather than later, with most policymakers open to short-term rate hikes in 2023
by Matt Carter Jun 16
Demand for mortgages rebounds after 3 weeks of declines: MBA
Applications for purchase loans and refinancings climbed as mortgage rates eased to the lowest levels since early May, according to the Mortgage Bankers Association
by Matt Carter Jun 16
Home sale-leasebacks are surging, but are they good for homeowners?
Sale-leasebacks can be a lifeline to homeowners struggling to make mortgage payments, but consumer advocacy groups are concerned over the low sales prices investors offer
by Lillian Dickerson Jun 16
Fannie Mae has 'meaningfully downgraded' its forecast for 2021 home sales
As listing shortages and supply constraints on homebuilders drive up prices, risk of inflation grows, economists with Fannie Mae's Economic and Strategic Research Group said
by Matt Carter Jun 16
Homeowners are losing their enthusiasm for refinancing
After pullback in rates, decline in refis 'seems to have more to do with borrower psychology'
by Matt Carter Jun 14