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Maza, a Platform for Immigrants Aimed at Homeownership, Announces $8 Million Seed Round

Maza, a Platform for Immigrants Aimed at Homeownership, Announces $8 Million Seed Round

by Phil Hall | Jun 28, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A platform designed to provide immigrants with the financial identities needed to pursue homeownership, announced an $8 million seed round. The Los Angeles-based Maza enables immigrants to obtain a U.S. Tax ID and a bank account. According to the company, this allows...
FICO Hosting ‘Score A Better Future’ Homeownership Webinar

FICO Hosting ‘Score A Better Future’ Homeownership Webinar

by Phil Hall | Jun 16, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

FICO (NYSE:FICO) is hosting a free webinar on June 20 designed to explore financial well-being and the elements of homeownership. “Score A Better Future” is being presented in partnership with the nonprofit Operation HOPE, and all registrants will receive a free copy...
Redfin: Nearly 92% of Mortgaged Homeowners Have Rates Below 6%

Redfin: Nearly 92% of Mortgaged Homeowners Have Rates Below 6%

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

More than nine of every 10 U.S. homeowners with mortgages (91.8%) have an interest rate below 6%, according to a new report from Redfin (NASDAQ:RDFN). This is slightly below the record high of 92.9% hit in mid-2022. Redfin also noted that 82.4% of mortgaged homeowners...
Australian Program Added 100K New Homeowners in Three Years

Australian Program Added 100K New Homeowners in Three Years

by Phil Hall | Jun 12, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Australia’s federal government announced 100,000 households have been able purchase their own residential properties since the introduction of the Home Guarantee Scheme (HGS) three years ago. According to the Australian Property Journal, the HGS program is designed to...
Inflation Causes Most Homeowners to Postpone Renovations, But They’re Not Planning to Move

Inflation Causes Most Homeowners to Postpone Renovations, But They’re Not Planning to Move

by Phil Hall | Jun 2, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Inflation is hammering homeowners who were previously eager to pursue renovations on their residence, according to a new survey from Discover Home Loans. However, a challenging economy is also keeping most of their homeowners from moving out and searching for a new...
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