Tag Archives: Banking & Lending

Washington’s political drama obscures potential new rate drops

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The forecast for interest rates is still low, reinforced by new information from the Federal Reserve. Continue reading →

Don’t find yourself ‘plumb out of luck’ by making this plumbing mistake

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For the novice do-it-yourself homeowner, it’s easy to believe that replacing a pipe or tube simply comes down to choosing the correct size, length and threading, but choosing the correct material is just as important. Find out from the experts the No. … Continue reading →

Patch Homes, another cash-for-equity startup, clinches funding

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With an additional $5 million in financing, Patch Homes is among a growing list of startups that let homeowners sell an equity stake in their home for cash. Continue reading →

Average FICO scores hit all-time high

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After years of steadily rising, the average FICO score in the U.S. has hit an all-time high of 706, the credit-reporting company announced this week. Continue reading →

Zombies, fraud and opportunity: All the mortgage stats you might’ve missed

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JPMorgan Chase Institute’s default rates associated with people who do and don’t have savings, Attom’s Q2 numbers on median opportunity zone home prices, MagnifyMoney’s retirement stats — as the summer comes to an end, here’s a roundup of some recent m… Continue reading →

Inman News quiz: Think you’re on top of the week’s biggest stories?

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The real estate industry threw some curveballs. Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week. Continue reading →

IBuying giant Opendoor acquires title and escrow company

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Opendoor believes that by acquiring OS National it will be able to provide consumers the “most streamlined and easiest closing experience.” Continue reading →

iBuying giant Opendoor to begin offering home loans

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iBuying behemoth Opendoor announced Thursday that it has launched its own mortgage lending service, marking the company’s latest move to completely upend the real estate industry. Opendoor Home Loans is now live in Texas markets Dallas-Fort Worth, Aust… Continue reading →

A recession is on the horizon: Keller Williams New York City CEO

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Housing won’t be to blame and the recession won’t be anything like 2008 for the industry, according to Keller Williams New York City CEO Mark Chin. Continue reading →

Yield curve inversion fears are overblown

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Yield curves predicting recessions did so historically and will again at the end of Fed overshoots. The Fed has done no such thing this time. Continue reading →