Tomo’s new Lock and Shop: lock a rate now without a property address

Tomo’s Lock and Shop service fee is $750, which homebuyers can recoup when they work with Tomo Brokerage partner agents. Homebuyers can choose either a 90- or 120-day rate lock. Continue reading

Hippo’s mortgage partner channel takes off; helps find coverage faster

Program piloted last year now provides services to more than a dozen mortgage lenders and loan servicers, who help 7 million people finance or refinance their homes each year. Continue reading

Cash buyers have upper hand as mortgage rates rise

Although there is still an inventory shortage, cash buyers can use this time to enjoy a wider selection of homes than buyers who are taking out a loan. Continue reading

The cheapest way for clients to tap into new home equity

There are many ways to access the equity in your home, but they’re not all the same. Count on author and coach Bernice Ross for the most innovative strategies available to tap into all of that newfound wealth. Continue reading

HomeLight raises $115M and acquires cash offer rival Accept.inc

Scottsdale, Arizona-based HomeLight announced that its all-stock deal raises the company’s valuation to $1.7 billion and makes it the largest “agent-focused” cash offer program in the U.S. Continue reading

Lower launches ‘Realtor agnostic’ cash-offer service, MortgagePass

Less than a month after partnering with Orchard to provide Power Buyer services, Lower pilots its own program in Columbus, Ohio, with plans to go nationwide. Continue reading

How to convert leads so you’re eligible for exclusive lead networks

Even seasoned experts have difficulty navigating the viability of leads, whether they’re shared leads or exclusive leads. Industry analyst Chris Heller has some advice on how agents can qualify for an exclusive lead network. Continue reading