Homebuyers are forking over larger down payments to offset higher borrowing costs thanks to mortgage rates hitting multi-decade highs.On average, homebuyers put down 14.7% of the home’s purchase price for a primary home in Q3, up from 13.6% one year ago, according to a Realtor.com report. The median

Plunk, an AI-powered home analytics platform, announced a proptech partnership with BHR, a housing data aggregator. Through this collaboration, BHR’s RealReports platform will integrate Plunk’s proprietary AI technology, making property data even more accessible to real estate professionals. Propert

Troy, Michigan-based appraisal management company (AMC) Class Valuation announced on Wednesday that it has acquired fellow AMC Valuation Connect, formerly a subsidiary of mortgage technology company Mortgage Connect LP.Class Valuation acquired the company to bolster its position in the appraisal mar

Stavvy, a fintech firm specializing in digital and remote collaboration for lending and real estate companies, acquired SigniaDocuments, a technology suite from Texas-based lender Evolve Mortgage Services.Terms of the deal were not announced.Stavvy will acquire assets, including eClosing tools, eNot