Lower partners with Orchard to offer Power Buyer services

As rising interest rates curb mortgage refinancings, Lower will also target homebuyers through a strategic partnership with iBuyer powerhouse Opendoor. Continue reading

Flueid gears up to support purchase and home equity loans

Title and escrow software-as-a-service provider’s tech platform, Flueid Decision, can now detect solar panels and liens. Continue reading

Buyers are still fighting hard, despite costly home payments

The monthly payment on a typical home is 50 percent pricier than it would have been a year ago, yet competition remains fierce. Continue reading

What’s next after housing cools down? This economist has an idea

Mortgage rates are up, and demand for homes is edging down. Redfin Chief Economist Daryl Fairweather laid out a possible scenario of what the months ahead might look like at Connect Now. Continue reading

Competition declines for second straight month, report finds

The dip in competition can be attributed to the increase in mortgage rates, which reached 5.3 percent in May after starting March at just 3.76 percent. Continue reading

Compass approaching ‘critical’ cash burn: Mike DelPrete

Compass is not in immediate peril, but it is approaching a critical juncture where it will either need to raise more money or reduce expenses, according to data expert Mike DelPrete. Continue reading

Homebuyer mortgage demand falls even as rates ease from 2022 highs

Economic uncertainty and stock market volatility may have helped drive 12 percent decline in purchase mortgage applications. Continue reading