News

  • Susan Rice, on Biden’s VP shortlist, was Obama’s national security advisor
    by Kathleen Howley on August 4, 2020 at 10:11 pm

    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
    by Alex Roha on August 4, 2020 at 10:02 pm

    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 first on HousingWire.

  • Proper raises $4.8 million to become the ‘Uber of property accounting’
    by Mary Ann Azevedo on August 4, 2020 at 9:53 pm

    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?
    by Sarah Wheeler on August 4, 2020 at 8:50 pm

    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 take to see mortgage rates go below 2% on a 30-year fixed? appeared first on HousingWire.

  • Coldwell Banker welcomes new brokerages as part of Inclusive Ownership program
    by Julia Falcon on August 4, 2020 at 8:42 pm

    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.