Rising home prices and lender costs helped drive up homebuyers’ closing costs by 13.4 percent in 2021, to an average of $6,905. Loan production expenses hit an all-time of $9,470 per loan high during the fourth quarter of 2021. Continue reading
Zillow now expects home value growth to reach 14.9% through March 2023, down from its previous estimate of 16.5% growth. What’s with the downgrade? Continue reading
The mortgage tech provider’s newly acquired title insurance business has been particularly hard hit by the end of the refinancing boom. Continue reading
In addition to financing, Forecast Labs offers startups access to direct response television, direct mail programs. Continue reading
Home sales now expected to decline by 7.4 percent this year and 9.7 percent in 2023, a dramatic adjustment from March, when Fannie Mae forecast a 4.1 percent decrease in home sales this year and 2.7 percent in 2023. Continue reading
To serve five new markets in Washington, Knock has partnered with a number of local real estate brokerages, half of which are affiliated with Keller Williams. Continue reading
The new Fannie Mae Home Price Index aims to capture a broader picture of the housing market. What it found was the fastest annual pace of home price growth in nearly 50 years. Continue reading
Having recently expanded into the Midwest and Mid-Atlantic regions, the company is on track to having a presence in 17 states. Continue reading
Ribbon co-founder and CTO Wei Gan says he wants homebuyers to be able to move beyond the traditional model of selling before buying, giving latitude to all sets of buyers. Continue reading
The mortgage technology company founded by Guaranteed Rate CEO is integrating with Fannie Mae and Freddie Mac and partnering with Google Cloud, it was announced this week. Continue reading