Home equity investment startup Splitero launches, raises $5.8M

The fintech startup offers homeowners a lump sum in exchange for a share of their home’s appreciation. Continue reading

Clearing the cash-to-close hurdle in a single bound

Home affordability is an ever more elusive dream for many in today’s market. Down payment assistance programs can be buyers’ bridge to the reality of owning a home by overcoming the cash-to-close hurdle. Continue reading

Vontive nabs $135M for embeddable real estate investor loan platform

Series B round led by Zigg Capital includes $25 million in venture capital and $110 million in debt. 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

Should your clients bid over asking price? A look at pros and cons

In a hot seller’s market, how should agents help their clients with pricing, bidding strategies and closing successfully? Broker Jenny Usaj offers keys to setting appropriate buyer expectations from the start. Continue reading

Homebuyer sentiment hits record low

Only 24 percent of consumers think now is a good time to buy a home — the lowest reading ever recorded in a monthly survey conducted by Fannie Mae since 2010. Continue reading

Mortgage rates surge to 5% as era of the ultra-cheap loan begins to fade

After hovering near 3 percent for nearly two years, mortgage rates have rebounded faster than expected. But amid uncertainty, economists are divided on whether 5 percent rates are here to stay. Continue reading

Sagent keeps lining up deals after starting year with a bang

Pittsburgh-based Clearview Federal Credit Union partners with Sagent to bring its mortgage servicing business in-house. Continue reading

Rising mortgage rates most difficult for first-time homebuyers: MBA

As rates surged last week, demand for FHA purchase loans dropped by nearly 8 percent, according to a weekly lender survey by the Mortgage Bankers Association released Wednesday. Continue reading