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Scoop.it!
The decline in mortgage rates, combined with rebounding pending home sales, hints at a strong spring homebuying season, Freddie Mac’s economist says. No comment yet.
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Scoop.it!
Zillow has been quietly originating mortgages for a few months, following the acquisition of Mortgage Lenders of America last year. At the time of the deal, Zillow didn’t say how much it spent on Mortgage Lenders of America. But the 10-K filing reveals the price: $66.7 million in cash. Mortgage Lenders of America originated approximately 4,000 home loans in 2018 across 40 states, or roughly 333 per month.
Al Cannistras insight:
ZILLOW FOR MORTGAGES? In Texas, you don't need to wait for that. Check out Turbo Mortgage. And, Agents - if you are looking to participate, be sure to check out the invite under AGENTS on my website: https://sanantonio.homes/ (or call me) - sorry, right now - Texas only! . . |
if you are thinking about buying, now is a good mortgage time... need to get an offer for a good mortgage, check this out https://sanantonio.homes/fine/real/estate/homeloans
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