How to use down payment assistance to close more deals

Looking for a way to differentiate the service you provide to buyers? Luke Babich writes that a top-down knowledge of down payment assistance programs in your area can help you stand out from the crowd of other agents. Continue reading

There’s another rewards card aimed at homeowners: Mesa

Austin, Texas-based startup won’t have the space to itself, but partner Visa and backers providing $7.2 million in seed funding led by Streamlined Ventures like the company’s odds. Continue reading

Is that big Fed rate cut a cure-all for the mopey market? The Download

With this week’s half-percent rate cut from the Federal Reserve, agents are hoping sellers will finally get off the fence and loosen up some inventory to get the market moving. Continue reading

‘Fix-and-flip’ loans are going mainstream with investors

Kiavi has packaged up more than $5.1 billion in “residential transition loans” for sale to investors. The latest deal — the first to be evaluated by a credit rating agency — was oversubscribed and bumped up to $400 million. Continue reading

UWM shares at 3-year high on prospect of refi ‘mini boom’

In Q2 earnings, the nation’s largest mortgage lender posted a healthy $76 million profit, paid down debt, and said it’s in prime position to capitalize and grow as mortgage rates drop. Continue reading

Perchwell’s $25M Series B revs up idling VC market

Brokerage and MLS software platform Perchwell has closed on a Series B round of funding led by Lux Capital. Continue reading

Credit reports should be non-negotiable in divorce proceedings

Credit reports offer a wealth of valuable insights and can be especially important in evaluating client needs post-divorce, Lindsey Harn writes. Continue reading

The analyst who predicted a 30% fall in commissions has more to say

Veteran KBW analyst Ryan Tomasello will be talking about the “watershed moment” that could lead to consolidation and innovation across the real estate industry at Inman Connect Las Vegas. Continue reading

How to break down the pros and cons of buying down interest rates

Interest rate buydowns involve a trade-off between upfront costs and long-term affordability. Clever CEO Luke Babich offers strategies to help clients make the choice. Continue reading