The question from the housing industry after the Federal Reserve’s half-point interest rate cut is simple — will this bring buyers back to the stalled housing market? A new report from Redfin suggests that it is already happening. The company analyzed mortgage rate-lock data from Optimal Blue and fo

Elevated mortgage rates have strained housing affordability for more than two years. With rates now falling — and more downward movement expected after the Federal Reserve‘s recent interest rate cut — two new reports suggest that affordability is getting better too. The third-quarter 2024 housing af

New York-based Simplist Technologies, which has developed a consumer-facing mortgage platform, introduced a new software solution on Thursday for mortgage professionals that combines a loan origination system (LOS) with a point-of-sale system (POS). The integrated platform, known as Sonar, has artif

Homebuyers will soon have access to climate risk data on Zillow, according to an announcement on Thursday. Zillow is partnering with First Street to provide users with data on a property’s risk levels for flood, wildfire, wind, heat and air quality through risk scores, interactive maps and insights