Tag Archives: mortgage

Homebuyer demand for mortgages ‘consistent and resilient’ in April

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Lenders saw much of what was left of their refinancing business evaporate as rates climbed to their highest levels in nearly 13 years. Continue reading →

$13B Black Knight deal still needs approval from antitrust regulators

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Intercontinental Exchange Inc. envisions building a “life of loan” mortgage platform that will produce cost saving efficiencies that benefit consumers. Continue reading →

Fathom projects continued revenue, agent and transaction growth

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The real estate services platform and residential brokerage saw quarterly revenue grow 81 percent from a year ago, to $90.1 million, as Fathom Realty added more than 3,000 agents in Q1. Continue reading →

Zillow’s Flex model offers ‘next gen lead gen’: Mike DelPrete

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Zillow’s new strategy has the company going back to its roots, doubling down on agent lead gen, and extracting more revenue from real estate commissions. Continue reading →

Financial tech giant strikes deal to acquire Black Knight

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Intercontinental Exchange has agreed to acquire Black Knight, a mortgage-industry service provider, at a valuation of $13.1 billion, it was announced Wednesday. Continue reading →

Mortgage rates may level off as Fed unveils details of tightening plan

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Mortgage rates may level off despite the biggest short-term interest rate hike in 20 years thanks to the certainty the Fed is providing about its plans to shrink its nearly $9 trillion balance sheet. Continue reading →

Is now a good time to buy a home? Agents confront mortgage riddle

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Buyers have watched mortgage rates shoot from 3 percent to 5 percent this year alone, and that common refrain — “Is it really the best time to buy?” — is always top of mind for clients, agents told Inman. Continue reading →

Purchase loan demand perks up as mortgage rates plateau

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MBA forecaster Joel Kan sees the uptick in loan requests as a “potentially a good sign for the spring home buying season, which has seen a slow start thus far.” Continue reading →