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  • Susan Rice, on Biden’s VP shortlist, was Obama’s national security advisor August 4, 2020
    Susan Rice has extensive White House experience yet has never been elected to office. That may be a key reason she’s on Biden’s VP shortlist. The post Susan Rice, on Biden’s VP shortlist, was Obama’s national security advisor appeared first on HousingWire.
  • Surging mortgage volume puts pressure on appraisal turn times August 4, 2020
    The silver lining pointed out by several sources was a spike in appraisal waivers. Property inspection waivers through automated underwriting systems and consumer friendly online document exchanges have helped to speed up the process and keep employees and families safe along the way. The post Surging mortgage volume puts pressure on appraisal turn times appeared […]
  • Proper raises $4.8 million to become the ‘Uber of property accounting’ August 4, 2020
    Proper, an AI-powered accounting and bookkeeping service for the multifamily industry, announced Wednesday it has raised $4.8 million in seed funding in a round led by MetaProp. The post Proper raises $4.8 million to become the ‘Uber of property accounting’ appeared first on HousingWire.
  • What would it take to see mortgage rates go below 2% on a 30-year fixed? August 4, 2020
    HousingWire Lead Analyst Logan Mohtashami writes: Even with these historically low yields, we still have fixed mortgage rates below 3% but not below 2%. The question remains: What would it take to get the 10-year low enough to get a 1.875% mortgage rate on a 30-year fixed? HW+ Premium Content The post What would it […]
  • Coldwell Banker welcomes new brokerages as part of Inclusive Ownership program August 4, 2020
    Three brokerages have joined Coldwell Banker as a part of its new Inclusive Ownership program, which exempts new brokerages from the initial franchise fee and provides financial incentives during the critical first two years of business. The post Coldwell Banker welcomes new brokerages as part of Inclusive Ownership program appeared first on HousingWire.
  • Now is the time to double down on diversity and inclusion efforts August 4, 2020
    Quicken Loans Mortgage Services is proud to partner with a diverse set of brokers, which broadens the pool of potential clients they serve together. The post Now is the time to double down on diversity and inclusion efforts appeared first on HousingWire.
  • Driven by low inventory, median U.S. home price reaches record high in July August 4, 2020
    The national average median home price has reached a new record high of $349,000 due to low inventory and pent-up demand. The post Driven by low inventory, median U.S. home price reaches record high in July appeared first on HousingWire.
  • Forbearance rate falls to the lowest level since April August 4, 2020
    The U.S. mortgage forbearance rate fell to 7.67% in the last week of July, the lowest in three months, down from 7.74% a week earlier, MBA said. The post Forbearance rate falls to the lowest level since April appeared first on HousingWire.
  • Anticipating the next wave of homeowner education August 4, 2020
    New and compelling circumstances call for new protocols and quick policy changes. To respond effectively to these challenges, housing professionals have united like never before to educate homeowners on forbearance, listen to their needs and help them solve the unique hardships brought on by COVID-19. The post Anticipating the next wave of homeowner education appeared […]
  • Zillow Offers resumes buying houses in all operating markets August 4, 2020
    As of Tuesday, home sellers in Las Vegas, South Florida, the Tampa Bay region and Houston have the option to sell their homes to Zillow Offers. The post Zillow Offers resumes buying houses in all operating markets appeared first on HousingWire.