Tag Archives: mortgage

Bureau of Labor Statistics revises job growth downward by 818K

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The numbers suggest that the labor market cooled off much faster than was previously thought and is not in as strong a position as believed. The Federal Reserve now also has a case to make a bigger cut in interest rates than initially anticipated come … Continue reading →

Change is here: Take the Inman Intel Index survey for August

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The Inman Intel Index goes beyond sentiment and trends by tapping into the industry’s most engaged community. Add your voice to real estate’s most ambitious monthly survey today. Continue reading →

Pandemic redux? Buyers, sellers disagree on the ‘golden rate’: Intel

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How low do rates need to go to reinvigorate the housing market? Buyer and seller responses vary in the latest Inman-Dig Insights consumer survey, suggesting its contours are still being shaped. Continue reading →

Setpoint lands $31B in Series B funding led by 645 Ventures

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Since launching in 2021 as the “Stripe of real estate” providing technology and funding to proptechs, Setpoint has expanded into additional asset-backed lending lines including auto, consumer and small business. Continue reading →

Mortgage rates trending down as Fed rate cuts seen as certain

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Investors see a September rate cut as a certainty, but the latest inflation data suggests recession fears are overblown and the Fed will start out with a modest, 25-basis point reduction. Continue reading →

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

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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 →

RE/MAX’s Motto Mortgage office count is shrinking for first time

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Franchise sales have slowed, and some existing franchisees have canceled their agreements, but Motto Franchising President Ward Morrison expects growth to resume when lending picks up. Continue reading →

Investors bullish on Blend on Q2 earnings and revenue beat

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Cloud banking software provider maintains steady growth in consumer banking revenue, while reversing the decline in its main line of business of providing services to mortgage lenders. Continue reading →