housing wire

Zillow has announced a partnership with homebuilder D.R. Horton, allowing buyers of new construction homes to sell their current homes directly to Zillow through its iBuying solution, Zillow Offers. D.R. Horton customers selling their current home through Zillow Offers receive

The average U.S. rate for a 30-year fixed mortgage fell to 2.99% this week, the second-lowest on record, as investors worried about the economic fallout of the COVID-19 pandemic piled into the bond markets. The rate fell from 3.01% last

Shellpoint Mortgage Servicing is currently hiring for over 130 positions mixed between remote work and its three southern branches. The company is looking to bring team members into its headquarters in Greenville, South Carolina and its branches in Houston and

This week marks the 30th anniversary of the Americans with Disabilities Act, creating opportunities for the disabled community. According to AP News, disabled workers still face higher unemployment than other adults, even 30 years after the act was passed. By

The future of the U.S. economy depends on how well the coronavirus pandemic is controlled, the Federal Reserve’s rate-setting committee said on Wednesday. That’s not good news for a nation that leads the world in COVID-19 infections and deaths. “The

The HEROES Act, a bill introduced and passed by House Speaker Nancy Pelosi (D-CA) in May, could be signed this week, offering homeowners and renters much-needed relief in light of the COVID-19 pandemic. On the other hand is the Health,

A civil complaint and proposed settlement agreement were filed on Friday by the Department of Justice and the U.S. Attorney’s Office for the Eastern District of New York to resolve claims that Bank of America, N.A. participated in discrimination on

The 2020 Women of Influence winners represent 100 of the most influential women in leadership in the housing industry. From tech advancements to mentoring to their engagement in nonprofits, these women are showing true leadership inside and out of the

House Speaker Nancy Pelosi issued a scathing critique of the Trump administration’s decision to overturn an Obama-era fair-housing rule, noting it comes at a time when the nation is having a reckoning on racial issues. “The Trump Administration’s elimination of

Low mortgage rates and pent up demand from buyers drove sales of new houses to a 13-year high in June, according to a government report. Builders sold 776,000 houses at an annualized and seasonally adjusted pace, a gain of 14%

On Thursday, Google marked the one-year anniversary of its Bay Area housing commitment with an update on its progress. So far, Google said that its Housing Trust has invested these funds in six projects throughout the Bay Area, and plans

Electric car giant Tesla unveiled plans this week to build a $1.1 billion factory in Austin. Rumors had swirled for months prior that it might be happening, but this week, the news became official. In building the factory on some

LBA Ware has named Brian Jordan as its director of product management. Jordan has 13 years of experience in global data aggregation and analytics firms, serving the banking and financial services sectors. Prior to LBA Ware, Jordan was a lead

This week, the National Association of Realtors reported the most significant month-to-month increase in existing home sales ever recorded. Logan MohtashamiLead Analyst While this has to be taken in the context of the COVID-19-induced depression, the housing market has been

Calling all 2020 Vanguards: You’re at the top of your field, leading the housing industry to new heights. Many have already heard of you because you are making your mark through innovation, strong leadership and a drive to make the

Home sellers gained on average a $75,971 profit on a typical sale in the second quarter of 2020, according to a U.S home sales report from ATTOM Data Solutions. Up from $65,250 in the first quarter, home sellers experienced a

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Stay tuned for updates. Fintech startup Brex, which is building out a bank alternative for startups, announced today the addition of

As the $600 COVID-19 unemployment bonus comes to an end this month, many people will be left not knowing how they will pay their bills. In anticipation of that, the City of Austin, Texas, on Tuesday announced the rollout of

Single-family rent growth slowed in May, according to CoreLogic. The annualized increase in rent slowed to 1.7%, the smallest gain in nearly a decade, down from 2.9% a year ago, according to the CoreLogic Single-Family Rent Index. Leading up to

With great power comes great responsibility – and the independent mortgage broker community is steadily increasing its leverage within the mortgage industry.   Mortgage brokers have created outstanding momentum over the last few years, making up roughly 20% of the overall

Mortgage and real estate associations have long served as a backbone for their members, with the COVID-19 pandemic only reaffirming this support as members mobilized quickly to provide COVID-19 relief. As their members quickly took action to donate supplies, money

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Stay tuned for updates. The competition in the home insurance space continues to heat up. On the same day that insurtech

DIY landlord and renter platform Avail announced Wednesday that it raised $4.2 million in a Series A round of funding, led by St. Louis-based venture capital firm Cultivation Capital. The company said the funding will go toward accelerating its position

U.S. existing-home sales rose 21% in June, the biggest monthly gain on record, according to the National Association of Realtors. Sales of single-family homes, townhomes, condominiums, and co-ops rose to a seasonally adjusted 4.72 million at an annual pace after