Tag Archives: mortgage

Mortgage rates fall — but so does demand, breaking 4-week streak

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As mortgage rates continue to retreat from 2022 highs, all eyes will be on Federal Reserve as policymakers conduct their final meeting of the year next week. Continue reading →

Venture capital giants like Pylon’s embeddable mortgage offering

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An $8.5 million seed funding round was led by Conversion Capital, with participation from Fifth Wall, Peter Thiel, QED Investors, Montage Ventures and Village Global. Continue reading →

Home price declines leave 450,000 borrowers underwater

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Six out of 10 borrowers who owe more on their mortgages than their homes are worth bought or refinanced their homes in 2022, according to the latest Black Knight Mortgage Monitor. Continue reading →

Zoodealio’s smart upgrades reflect an evolving industry: Tech Review

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Zoodealio is home offer marketplace that helps agents and their clients compare and respond to multiple types of offers a home. Continue reading →

Tomo enters 5 new states, launches real-time preapproval process

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After laying off workers in May, Tomo is in expansion mode again with launches in Maryland, New Jersey, Oregon, Pennsylvania, Virginia and Washington D.C. Continue reading →

Redfin economist: ‘We’re going to have pain’ while high inflation lasts

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Daryl Fairweather also said during her Yahoo Finance appearance that “demand is very weak” as both homebuyers and sellers take a breather from the housing market. Continue reading →

First Community Mortgage recognized for ethical practices

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Subsidiary of First Community Bank of Tennessee has also been recognized for its efforts to reach a diverse population of borrowers. Continue reading →

Purchase mortgage demand up 4th week in a row as rates fall

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Without adjustment for seasonal factors, demand for both purchase loans and refinancing remains at their lowest levels since 2000, according to an MBA lender survey. Continue reading →

Fannie and Freddie get green light to buy $1M mortgages

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The big run-up in home prices may have cooled, but the 2023 conforming loan limit is going up 12 percent to $727,200 in most parts of the country. Continue reading →