Rocket Companies stock soars, plummets amid Reddit-driven volatility
The online mortgage company this week has had both its best day ever on the stock market, as well as its worst day
by Jim Dalrymple II Mar 3
Opendoor debuts cash-backed offers
Buyers will need to get pre-qualified with Opendoor Home Loans or another mortgage company. Then, Opendoor will pair the buyer with a real estate professional in their market
Knock: How agents can lean into alternative lending in uncertainty
Alternative lending model Knock is growing quickly by offering homesellers Home Swap, a product that lets them buy before they sell. Here's what you should know about its unique model
by Craig C. Rowe Mar 1
April is Mortgage and Alternative Finance Month at Inman
This month, we'll talk to mortgage leaders about where the market is headed and how products are evolving
by Inman Mar 1
Knock partners with The Agency for Home Swap's expansion
Los Angeles represents Knock's largest market for its 'buy-now-sell-later' alternative mortgage model. It's expected to especially help buyers in the under $2M market be more competitive
by Craig C. Rowe Feb 25
Knock hires mortgage industry vet Laura Gray as head of lending
A mortgage industry veteran with more than 3 decades of expertise will head operations for Knock's unique home lending program as it expands into more markets. Knock Home Swap is already available in 17 cities
by Craig C. Rowe Feb 22
Tech-enabled mortgage startup UpEquity raises $25M in funding
The company is one of many that have flocked into the mortgage space in recently years, aiming to disrupt a process that until recent remained stubbornly analog
by Jim Dalrymple II Feb 12
Knock expands to Colorado Springs and Tuscon, now in 17 cities
Now available in 17 markets across the country, Home Swap helps sellers sell before they buy and move without worrying about showings, vendors and other traditional hassles of having a home on the market.
by Craig C. Rowe Feb 11
LoanDepot readies downsized IPO
The company had planned to price its shares between $19 and $21 but settled on $14 per share when it released its offering details Thursday
by Patrick Kearns Feb 11
Zillow posts its most profitable quarter in company history
As Zillow's iBuyer profits clocked in at $27M in the fourth quarter, it's the Premier Agent business that sent Zillow to record-setting highs
by Patrick Kearns Feb 10
Knock makes Jacksonville its 15th Home Swap market
Jacksonville, Florida, marks Knock's 15th Home Swap market on its quest for 21 before the end of the year. Home Swap allows homesellers to make non-contingent offers on potential new homes
by Craig C. Rowe Jan 7
2021 opens with a new record low for mortgage rates
The average 30-year mortgage hit an all-time low of 2.65% this week, according to data from Freddie Mac released Thursday
by Patrick Kearns Jan 7
How low will it go? 2020 was the year of record-low mortgage rates
Mortgage rates ended 2020 near a record low. Will record-breaking rates continue in 2021?
by Patrick Kearns Dec 31