HECM for Purchase Spotlight: Rightsizing, Home Values Lead H4P in Colorado

While the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) has struggled to gain traction in the reverse mortgage market at-large, taking a look at a list of the top five states for H4P origination may help some in the reverse mortgage industry to discover a path forward for the product variation. Number five on […]

Bloomberg: Nearly 40% of U.S. Households are Free of Forward Mortgages

More Americans today find themselves living in homes that are free and clear of forward mortgage payments when compared with years past, according to U.S. Census data analyzed by Zillow (via Bloomberg). That data indicates that nearly 37 percent of American households own their homes without any remaining mortgage payment obligations. This number found itself […]

Zillow: Housing Market Continues Cooling

The sale and rental housing markets continued to move in divergent directions in the month of May, with home value growth rates slowing and potentially flattening while rent growth rates indicated a modest acceleration after a couple of consecutive declines. Both of these indicators are signs of a housing market that is beginning to normalize […]

Zillow: U.S. Home Values Record First Monthly Decline Since 2012

The median home value in the United States dropped from March to April, the first monthly decline since February 2012. This is according to the April Zillow Real Estate Market Report. A typical home in the U.S. is worth $226,800 – down 0.1 percent from last month – which Zillow says is led by the […]

Reverse Mortgages May be Excluded from ‘Rapid’ Home Loan Expansion

Access to home loans now is approaching pre-recession levels as mortgage lenders rapidly loosen requirements, although reverse mortgage lenders continue to be limited by government regulation, a top researcher at real estate website Zillow tells RMD. Zillow on Friday released the first-ever Zillow Mortgage Access Index (ZMAI), showing the notable trend toward loosening credit. The index weighs […]

Zillow Launches Mobile Home Shopping Tool

 Zillow, Inc. (NASDAQ:Z) launched a tool on Tuesday that provides a collaborative shopping platform via mobile and the web streamlining communication and organization for real estate agents and home buyers working together during a home search. The tool, called Agentfolio, has a limited initial launch in Chicago that is expected to eventually extend to Boston, […]