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Zillow Now Originating Loans

Zillow Now Originating Loans

Ask someone what Zillow is and they will inevitably tell you it is an online resource for consumers looking to buy or sell a home. However, seemingly in response a drop it its stock value, Zillow Group is moving from being a marketing/advertising resource to originating loans. Zillow has acquired Mortgage Lenders of America. Shares of Zillow Group Inc. tumbled Tuesday toward their biggest one-day selloff in nearly six years, as the real estate information marketplace’s disappointing earnings report and outlook prompted a host of Wall Street analysts to slash their price targets, according to online source, Market Extra.

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Why Now's the Time to Invest in Real Estate

Why Now's the Time to Invest in Real Estate

If you're looking to find a reliable source of ongoing income, you may be wondering whether real estate is a good investment. The market, as currently constituted, practically speaks for itself. Just like food, sleep and water, people will always need shelter, and with demand at extraordinary highs, more and more Americans are longing for the perfect place to call their own.

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Mortgage Interest Rates Migrate Upward While Weekly Mortgage Applications Fall

Mortgage Interest Rates Migrate Upward While Weekly Mortgage Applications Fall

The highest interest rates in about a month and high home prices took their toll on the mortgage business last week. Total mortgage application volume slipped as interest rates rose, according to the Mortgage Bankers Association. Home sales have been steadily weakening for months, mainly due to record high prices in some areas. Coupled with the lack of inventory, this means homeowners potentially pay more for something they feel forced to accept as the only choice the market has to offer.

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The Trend Has Been No Friend in 2018

The Trend Has Been No Friend in 2018

The sales trend has hardly been our friend this year. The trend in existing-home sales is down. Sales decreased for a third consecutive month in June. Sales posted at 5.38 million on an annualized rate. Existing-home sales are down 2.2% year over year.

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Same Old, Same Old for Now

Same Old, Same Old for Now

Meet the mortgage rates for this week, which are like the mortgage rates from the previous week.

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A Tale of Two Opinions

A Tale of Two Opinions

Will interest rates rise or fall? The answer is “it depends.”

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