Are record-low interest rates masking high-cost mortgage lending?

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

Auction.com partners with Google to predict housing trends

Nowcast will predict in real time

The New York Times rambles, and mangles mortgages along the way

Mortgage finance and mortgage regulation aren’t the paper’s strong suits
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Items Tagged with 'Zillow'

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Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you
Trey Garrison
The cost of originating mortgages and loan production is officially ridiculous and a question that arose at the Mortgage Bankers Association’s convention and expo last week was “Are record low mortgage rates masking from borrowers the high cost of mortgages?”
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Top Agent Network sues Zillow alleging fraud, stolen trade secrets

TAN says Zillow stole proprietary info under ruse of investment
Trey Garrison
San Francisco-based Top Agent Network filed suit Monday in U.S District Court for the Northern District of California against Zillow, alleging theft of its proprietary trade secrets to create the highly touted “Coming Soon” feature.
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Home-value growth peaks; cooling market puts bubble fears to rest

Zillow: Home value rate of growth easing down
Trey Garrison
Appreciation in home values is slowing definitively after nearly two years of accelerating year-over-year growth, according to the third-quarter Zillow Real Estate Market Report.
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Zillow: Mortgage rates remain at 16-month low

Rates below 4% for third week in a row
Ben Lane
Current rate borrowers were quoted an average interest rate of 3.81% on Zillow’s Mortgage Marketplace in the week that ended Tuesday, which equaled the previous week’s figure of 3.81%.
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Exclusive: Move CEO Steve Berkowitz opens up about News Corp deal

Plus his thoughts on Zillow/Trulia and the future of real estate
Ben Lane
In an exclusive interview with HousingWire, Move CEO Steve Berkowitz shares the details of how the News Corp deal came together, what it will mean for Move and his thoughts on the future of real estate. Berkowitz also said he anticipates the Zillow/Trulia deal to have its issues, which will present another opportunity for Move to grow.
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Cher calls for Zillow boycott because…China or something

Aged singing loon wants to turn back time
Trey Garrison
American companies have to deal with a lot of stupidity coming from investors, customers, the media, clients, and Washington. But Hollywood brings stupid to new heights.
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Trulia launches new push for data accuracy

“Get Fresh” campaign aims to attract more MLSs and brokers
Ben Lane
“Fresh, accurate listings on Trulia generate the most brand impressions and leads, helping brokers create broad exposure for their brand to grow their businesses,” Trulia said. The site hopes its new push for accurate data will only help in that regard.
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Zillow: Mortgage rates drop to 16-month low

30-year, fixed mortgage continues to fall
Ben Lane
Current rate borrowers were quoted an average interest rate of 3.81% on Zillow’s Mortgage Marketplace in the week that ended Tuesday, down from 3.96% in the previous week.
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Zillow: Top 20 cities for trick or treating

Get the most candy on the safest streets
Brena Swanson
Halloween is around the corner, bringing with it haunted houses and more free candy than one child should be allowed. Here’s a guide to the 20 best cities around the country for trick or treaters.
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Ultra square “Wolf of Wall Street” guy selling ultra hip $43.5M townhome

Alan Wilzig may be square but he’s the best kind: rich square
Trey Garrison
One of the guys portrayed in “The Wolf of Wall Street” is putting his 7,500-square-foot luxury TriBeCa townhouse on the market for $43.5 million.
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