Mortgage rates see biggest plunge in over a decade

Average 30-year fixed-rate mortgages declined by 22 basis points from 4.28 percent to 4.06 percent, resulting in the biggest single-week decline in rates since 2008, according to Freddie Mac’s latest Primary Mortgage Survey released on Thursday. Continue reading

Discrimination fears keep LGBT homebuyers on sidelines: Poll

Fear of discrimination by new neighbors, agents and sellers is keeping LGBT renters from making their first home purchase, according to the National Association of Gay and Lesbian Real Estate Professionals third annual LGBT Real Estate Report released … Continue reading

Homeownership isn’t a necessity for most millennials: Survey

According to a new survey commissioned by Northshore Fireplace, 65 percent of millennials believe homeownership is a ‘choice,’ rather than a necessity. Continue reading

Fintech startup Point raises $122M in latest funding round

Fintech startup Point on Wednesday announced the completion of a $122 million funding round, $22 million of which came from Series B funding led by Prudential Financial and DAG Ventures. Continue reading

Coldwell Banker wants to embolden female executives

Women account for 63 percent of all Realtors yet more men lead companies as a broker-owner or selling manager, according to NAR. Continue reading

How real estate gave Jamie Zapata a new lease on life

Fifteen months ago, Jamie Zapata began her career as a real estate agent after facing decades of discrimination at other jobs for being a transgender woman. Continue reading

Mortgage originations sink to 4-year low: New York Fed

Mortgage originations sunk to a four-year low in 2018, according to the Federal Reserve Bank of New York’s quarterly household debt report released Tuesday. Continue reading

How the right lighting can get buyers in the mood (for a home)

Real estate agents could take a cue from Cupid, and learn how to set the mood for home buying using a simple, but effective lighting plan. Continue reading

zipLogix releases all-in-one tech suite for agents

Realtor-owned tech company zipLogix this week announced the launch of EliteAgent, a transaction technology suite that bundles nine zipLogix products together, four old ones and five new ones. Continue reading

Mortgage software company Ellie Mae to be acquired for $3.7B

Ellie Mae, founded in 1997, processes 35 percent of all mortgage applications in the U.S., according to Banking Tech. Continue reading