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White House announces two Fed nominations

The White House announced the nomination of two people to the Federal Reserve Board of Governors, positions that will give them the power to direct monetary policy and influence the direction of mortgage rates. Christopher Waller, research director at the…

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RE/MAX: The December housing market broke records

By one measure, December 2019 was the strongest close to the year of any year in the last decade. RE/MAX released its National Housing Report for December 2019 last week, which revealed that the month posted a record finish to…

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Offerpad launches in two new markets

In November, real estate giant Keller Williams announced it would launch its iBuyer program, which is conducted through a partnership with Offerpad, in Birmingham, Alabama early in 2020. As it turns out, when the companies said “early,” they meant it.…

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Here’s how to use Fleq to buy a home without a mortgage

You asked, and we answered. A Pittsburgh startup company is introducing a new way to look at homeownership, and it creating quite a stir. Fleq launched saying it could get Americans into a home without requiring a mortgage. Big thank you…

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Multifamily market expected to grow in 2020

According to a new report from RealPage, the U.S. apartment market is set to receive more new units in 2020 than it has in any of the last 30 years. The multifamily market had a rollercoaster of a year in…

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First-time buyers catch a break, NAR’s Yun says

The cheapest financing in more than three years is making it easier for first-time buyers to afford a home. A tiny bit easier. Instead of having just enough income needed to buy a median-priced starter home at current mortgage rates,…

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Mortgage Tech Rundown: Blend, ReverseVision, and Docutech

Mortgage Tech Rundown looks at the latest news in mortgage technology, featuring new product updates, integrations and announcements. Blend, a provider of eMortgage services, launched a new mobile application that aims to provide borrowers with a best-in-class experience. The application, The…

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