Matthew Speakman on what’s driving homebuyer demand

Zillow Economist Speakman explains what Zillow’s recent report on homebuyer demand tell us about the current state of the housing market.

Record low mortgage rates hold steady at 2.72%

This is the second week in a row rates have sat at the lowest recorded level in the survey’s near 50-year history.

What Yellen as Treasury Secretary would mean for housing

Experts weigh in on former Fed Chair’s possible impact on GSE reform and how she could jumpstart the economy.

Building the one-touch digital mortgage

As Katherine Campbell drives toward a one-touch mortgage, she’s taking time to share what she has learned along the way.

FintechMagazine

Coming soon: The promise of artificial intelligence in servicing

The slow road to AI takeover

One click, your mortgage process begins. Another click, that mortgage loan is pre-approved. Five minutes pass and you are ready to buy a home.

The digital application process for single-family mortgages has flourished with new technology, new companies entering the space and new capabilities that, even just 10 years ago, we wouldn’t have thought possible.

Borrowers can sign closing papers on a new home remotely so that they don’t have to miss hours of work. Travelers can close on their home from the other side of the world. The credit invisible, or those with no credit score, can learn more about their financial situation and what they can do to prepare to buy a home after a quick and painless application process. 

But if you fast forward just a few weeks, to when a borrower is getting settled into their new home, the experience changes dramatically. Their mortgage loan is sold and their servicer steps in to introduce themselves. The smooth digital process is suddenly transformed into a rough, paper-heavy and confusing process.

The rest of this content is for HW+ members. Join today with an HW+ Membership! Already a member? log in

HW+ includes weekly long-form digital content, HousingWire Magazine, access to HousingStack, and free admission to all HousingWire virtual events.

Get $75 off your initial membership with coupon code “intro75”.

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please