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Opendoor Home Loans Ends Beta Period, Now Available for Homebuyers

Opendoor Home Loans Ends Beta Period, Now Available for Homebuyers

by Phil Hall | Sep 8, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Opendoor Technologies Inc. (NASDAQ: OPEN), a San Francisco-based e-commerce platform for residential real estate transactions, announced that its Opendoor Home Loans has exited beta and is now available in markets where it is licensed. The company is originating 30-,...
New Report Finds National Average for Mortgage Closing Costs Down by 3%

New Report Finds National Average for Mortgage Closing Costs Down by 3%

by Phil Hall | Jun 30, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Purchase loan closing costs declined nationwide by an average of 2.9% from 2024 to 2025, according to a new data report released by LodeStar Software Solutions. The decline was attributed to a drop in home prices, which reduced transfer tax burdens across many...
Buyers Paying More in Mortgage Interest Than Their Home Costs

Buyers Paying More in Mortgage Interest Than Their Home Costs

by Phil Hall | Jun 10, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A buyer who purchases the median-priced home today with 20% down will pay $413,700 in interest over a 30-year mortgage at the current 6.53% rate, according to a data report from Best Interest Financial and Clever Real Estate. However, that sum is $10,500 more than the...
Better and Coinbase Announce First Fannie Mae-Backed Mortgage Involving Bitcoin

Better and Coinbase Announce First Fannie Mae-Backed Mortgage Involving Bitcoin

by Phil Hall | Jun 4, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Better Home & Finance Holding Co. (NASDAQ: BETR) has partnered with Coinbase (NASDAQ: COIN) to announce the funding of the first Fannie Mae-approved mortgage backed by Bitcoin. The companies announced the loan was transacted in Ann Arbor, Michigan, by a married...
Q1 Purchase Loan Origination at 12-Year Low

Q1 Purchase Loan Origination at 12-Year Low

by Phil Hall | May 28, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1.57 million mortgages secured by residential property (one to four units) were originated in the first quarter, according to new data from ATTOM. This marked a 13% decline from the previous quarter, but it was also a 5% year-over-year increase. The total...
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