Items Tagged with 'Zillow Mortgage Marketplace'

ARTICLES

  • Here’s how much Zillow is paying to get into the mortgage business

    Company reveals cost of Mortgage Lenders of America acquisition
    Zillow’s stock tanked on Wednesday after the online real estate giant released softer-than-expected guidance about the company’s expectations for the near-term, but that wasn’t the only big piece of news that Zillow released. Zillow also disclosed, for the first time, exactly how much it is paying to get into the mortgage business.
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  • The last domino: Zillow is getting into the mortgage business

    First homebuying, now lending
    The dramatic reshaping of Zillow’s place in the real estate ecosystem is about to take a giant step forward, as the online real estate behemoth announced Monday that it is getting into the mortgage business. To power its expansion into mortgages, Zillow is buying Mortgage Lenders of America.
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  • Zillow: Refinances skyrocket in wake of Brexit

    Record low interest rates drive massive jumps in refinance mortgage requests
    A recent report from the Mortgage Bankers Association showed that refinance applications jumped to an 18-month high in the wake of Britain's decision to leave the European Union. Further evidence of the apparent refinance boom came in Friday, when Zillow reported that refinance mortgage requests through its mortgage marketplace skyrocketed since the Brexit. Is a refinance boom upon us?
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  • Zillow: Mortgage interest rates remain near 3-year low

    Tick up slightly, but still remain low
    Mortgage interest rates ticked up ever so slightly last week but still remained near a 3-year low, according to a new report from Zillow. And looking ahead, the likeliest path is for rates to remain roughly flat, given recent history.
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  • Zillow: Mortgage rates drop to lowest level since 2013

    Did someone say something about a Fed rate hike?
    Despite some predictions that mortgage interest rates would rise in the aftermath of the Federal Open Market Committee’s December announcement of an increase to the federal funds rate for the first time since June 2006, the exact opposite has happened, with interest rates falling to a two-year low, according to a new report from Zillow.
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  • Zillow: Mortgage rates lower now than before Fed rate hike

    Mortgage interest rates hit lowest level since October
    According to Zillow’s latest report on the interest rates borrowers are quoted on its mortgage marketplace, mortgage interest rates are actually lower now than they were before the Federal Open Market Committee announced in December that it is increasing the federal funds rate for the first time since June 2006.
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