As inflation eases and mortgage rates fell from their highest level, housing payments declined. A new Redfin report reveals an uptick in new listings, and what the drop in monthly payments could mean for homeowners and buyers in the coming year.
Read More »Through Booms & Busts: Part II
With the tech sector downsizing and the housing market navigating economic turmoil, a panel of experts weighs in on the current state of the digital revolution, and what lies ahead for this key component to the homebuying process in the second part of this two-part series.
Read More »Mortgage Tech: Through Booms & Busts: Part I
With the tech sector downsizing and the housing market navigating economic turmoil, a panel of experts weighs in on the current state of the digital revolution, and what lies ahead for this key component to the homebuying process. (Part one of two.)
Read More »For Home Sales, It’s Deal or No Deal at All
A new analysis by Redfin found that home sales are being canceled at the highest rate recorded since the onset of the pandemic.
Read More »Rate Hikes Continue to Drive Down Mortgage App Volume
With interest by prospective buyers waning, mortgage application volume fell 11% week-over-week, as economic volatility has forced some households to delay their home search.
Read More »Keywords Show Homeowners Focused on Renovations During the Pandemic
During a time when our homes became our everything, it was only natural that everyone tried to do their best to improve and beautify their living and working space.
Read More »Google Teams With CFPB on New Mortgage Search Feature
Google has added a new feature to its mobile search functions designed to help aspiring homebuyers and current homeowners secure more in-depth information on the mortgage process.
Read More »Housing Shortage Catches Google’s Eye
Housing inventory is so limited, even Google has taken notice. On Wednesday, the technology giant announced its own efforts to alleviate the ever-tight (and ever-expensive) housing market of Silicon Valley through an investment in modular housing. The company will purchase 300 modular home units from startup Factory OS, a deal Factory’s CEO says is worth $25 to $30 million. Housing prices in Google’s home base San Francisco have risen nearly 100 percent since 2009, and inventory has been dropping steadily over the past year, driving demand—and prices—even higher. Year-to-date, home prices in the city have appreciated 5 percent—the second-most of all major U.S. markets.
Read More »Zillow Joins Google on Mortgage Shopping Platform
Zillow Group recently announced that the company has joined the Google Compare for Mortgages platform to offer consumers a heightened mortgage shopping experience.
Read More »Yahoo Introduces Mortgage Rate Calculator
Yahoo has quietly launched a mortgage rate calculator on their site, making it the second search engine to do so. Google launched its mortgage calculator in February, but Yahoo’s new tool is bigger and better than its Google predecessor. Now, these might just be the first of many calculators to hit the internet.
Read More »