Mortgage Industry News
Zillow Partnership with iBuyer Opendoor Launches in Atlanta, Raleigh
In August 2022, Zillow and Opendoor announced a multi-year partnership, bringing them together to transform how people initiate their move. The two companies announced that homeowners in Atlanta and Raleigh have a new way to explore multiple home-selling options on...
Covius Announces Integration with Flueid as Part of Larger Digital Transformation of Loss Mitigation
Covius, a provider of technology-enabled solutions to the financial services industry, announced today that its Settlement Services division is integrating with Flueid to accelerate the digital transformation of Covius' loss mitigation offerings. Flueid is a real...
Homeownership just got 5% cheaper as mortgage rates fall off a cliff
Source: Yahoo Finance --- U.S. mortgage rates fell sharply and for the second straight week as monetary policies meant to slow the economy take hold of the housing market. The rate on the popular 30-year fixed mortgage hasn’t fallen this much since December 2008, a...
Mortgage rates just saw their biggest drop since 2008: Two reasons why that’s not good news.
Source: USA Today --- Earlier this week, Freddie Mac reported that mortgage rates had fallen rapidly over the course of the week. The government-sponsored entity that buys mortgages on the secondary market tracks trends in mortgage rates. Its data showed that the...
The Bay Area Housing Market Is Cooling More Rapidly Than Anywhere Else in the Country
Source: Redfin --- Housing markets in northern California are cooling faster than anywhere else in the U.S. amid high mortgage rates and a faltering stock market. Five of the 10 U.S. housing markets that have cooled fastest this year are in northern California–San...
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Recent Posts
I Sat In a Room and Watched Someone Describe America’s Mortgage Appli…- 76 Representatives Call on House Leadership to Drop Build-to-Rent Provision…
- Mayor Mamdani Launches New Office to Fight Deed Theft in NYC
- San Francisco’s Historic Ghirardelli Square is Sold
- The Real Brokerage Acquires RE/MAX Holdings for $880 Million
