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FHLBank Cincinnati in New Endeavor Helping First-time Homebuyers

FHLBank Cincinnati in New Endeavor Helping First-time Homebuyers

by Phil Hall | May 13, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of Cincinnati (FHLB) and Homeport, a Columbus, Ohio-based nonprofit housing development, are launching the Rise Up program for qualifying homeowners in Ohio’s Franklin County. According to the organizations, the Rise Up program is funded by...
Zillow: Half of 2023’s Homebuyers Were First-Timers

Zillow: Half of 2023’s Homebuyers Were First-Timers

by Phil Hall | Apr 4, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

First-time buyers made up half of all homebuyers in 2023, according to the latest Consumer Housing Trends Report published by Zillow (NASDAQ:Z, ZG). Last year’s figure represented the highest share in the report’s six-year history and is up from a low of 37% in...

Second Round of California Dream for All Loan Program to Roll Out

by Phil Hall | Apr 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The California Dream for All program, a loan application for first-time home buyers, will allocate $250 million its second annual round beginning on April 3. According to a KQED report, last year’s inaugural cohort allocated roughly $300 million of funding within 11...
Mortgage Marketplace Stairs Financial Raises $3.5 Million in Funding Round

Mortgage Marketplace Stairs Financial Raises $3.5 Million in Funding Round

by Phil Hall | Dec 14, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Stairs Financial, a start-up mortgage marketplace platform aimed at first-time buyers, has launched with a $3.5 million funding round. Stairs Financial was founded by Malcolm-Wiley Floyd and Scott Fritz, who met as roommates at Harvard. The platform is designed to...
Need to Give a Wedding Present? How About ‘Home Funds’?

Need to Give a Wedding Present? How About ‘Home Funds’?

by Phil Hall | Oct 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Today’s brides and grooms are less interested in receiving material goods as wedding gifts and would be more receptive to “home funds” to be used for the purchase of their first house. According to a new analysis conducted by Zillow Home Loans and The Knot, the share...
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