Equifax ‘coding issue’ possibly skews thousands of mortgage credit scores

A “coding issue” reportedly affected about 12 percent of credit scores calculated from March 16 to April 6, 2022. Continue reading

The shift has begun — but rate hikes won’t be housing’s Achilles’ heel

Experts expect home sales and price growth to slow down, but they don’t think rising rates will knock everyone out of the market. Continue reading

Zillow, Opendoor and Compass debut on the Fortune 500

The companies all debuted within a few slots of established player Realogy, and highlight both the role of tech in real estate and the rise of bitter rivalries. Continue reading

Zillow changes tune on 2023 home values and sales. Here’s why

Zillow now expects home value growth to reach 14.9% through March 2023, down from its previous estimate of 16.5% growth. What’s with the downgrade? Continue reading

A mortgage giant crunched 47 years of housing data. Here’s what it found

The new Fannie Mae Home Price Index aims to capture a broader picture of the housing market. What it found was the fastest annual pace of home price growth in nearly 50 years. Continue reading

Mortgage tech provider Gateless looking to ride automation wave

The mortgage technology company founded by Guaranteed Rate CEO is integrating with Fannie Mae and Freddie Mac and partnering with Google Cloud, it was announced this week. Continue reading

Would-be homebuyers rushed to lock in mortgage rates in March

Despite the fastest one-month rise in mortgage rates in nearly 13 years, purchase lock volume climbed 31 percent from February. Continue reading