Tag Archives: mortgage

Vishal Garg is back, with plan to save Better: The ‘One Day Mortgage’

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Comparing himself to Henry Ford and Elon Musk, CEO says he’s reconfigured Better’s assembly line to crank out mortgages in a single day. Continue reading →

Rates may ease, but affordability tools will still be in demand

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Zillow and UWM executives are optimistic mortgage rates will come back down but advised real estate agents at Inman Connect New York on Tuesday to get familiar with affordability tools like interest-rate buydowns. Continue reading →

New American Funding referring homeowners to EasyKnock

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The independent mortgage lender is now sending homeowners who are interested in converting their home equity into cash over to EasyKnock to explore a sale-leaseback. Continue reading →

Power buyer Knock says it will now work with any lender or agent

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Homebuyers can use the Knock Home Swap Equity Advance in conjunction with a purchase loan from any lender to make a non-contingent offer when buying their next home. Continue reading →

NAR: New Fannie and Freddie mortgage fees will hit middle class

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Mortgage giants’ federal regulator eliminates upfront fees for first-time homebuyers of limited means, but some better-off borrowers will see increases. Continue reading →

Layoffs hit rent-to-own company Home Partners of America

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Layoffs come a week after the shutdown of RealSure, Home Partners’ iBuyer joint venture with real estate franchising giant Anywhere, and include Pathlight Property Management. Continue reading →

How Offerpad execs plan to pivot from seller’s to buyer’s market

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Executives at the iBuying pioneer see tremendous opportunity if they can negotiate today’s challenging “in-between” phase where buyers and sellers are on the fence. Continue reading →

Homebuyer loan requests jump 25% as mortgage rates continue to fall

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After two months of declines, mortgage rates are now at their lowest level since September with potential to spur spring homebuying, according to MBA economist Mike Fratantoni. Continue reading →