Tag Archives: mortgage

Homebuyer demand cools to lowest level since 1995 as rates rebound

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An MBA survey shows demand for purchase loans is down 18 percent week over week and 41 percent from a year ago as mortgage rates rise for the second week in a row. Continue reading →

‘Modest’ recession could put a lid on 2023 home sales: Fannie Mae

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Economic downturn could put a damper on a promising start to the spring homebuying season, but set the stage for mortgage rates to ease and for home sales to rebound in 2024. Continue reading →

Inside Zillow’s far-reaching bid to jolt its mortgage business

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Even after ending its iBuyer program, Zillow remains bullish on mortgage. But first it has to totally reimagine its website, analysts and executives tell Intel. What could possibly go wrong? Continue reading →

Point’s Eddie Lim on the ‘vintage’ days ahead for proptech investors

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Investors eye 2023 and 2024 as prime opportunities amid a market still finding its footing, Point co-founder Eddie Lim tells Intel. Continue reading →

Disparity in mortgage rates offered by lenders doubled in 2022: Study

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Homebuyers can potentially save $600 to $1,200 a year by applying for a mortgage with multiple lenders, according to research by Freddie Mac. Continue reading →

Keller Williams offloads mortgage division to Mutual of Omaha

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Mutual of Omaha Mortgage has acquired Keller Mortgage for an undisclosed amount, according to an announcement on Monday. Keller Williams will retain an ownership stake in the company. Continue reading →

Motto Mortgage opened offices at a record pace in 2022 as sales slowed

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Double-digit growth in open offices was a bright spot for parent company RE/MAX Holdings, which reported a $2.6 million fourth-quarter net loss. Continue reading →

New Black Knight integrations ‘close the loop’ on digital mortgages

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Integration of Wolters Kluwer’s eNote and eVault capabilities into Black Knight’s digital closing solution, Expedite Close, eliminates the need for multiple vendors. Continue reading →

Study sounds the alarm on $187B ‘climate housing bubble’

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A study led by economists at the Environmental Defense Fund identifies some surprising regions, such as Appalachia and northern New England, as overvaluation hotspots. Continue reading →

Divvy Homes’ employees say there has been another round of layoffs

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Although Divvy has not yet responded to requests for comment, a half-dozen former employees posted on LinkedIn that they were laid off Wednesday. Continue reading →