Zillow: Blacks & Hispanics twice as likely to be refused a mortgage

White and Asian borrowers are more likely to be approved for a conventional loan than black or Hispanic borrowers, according to the latest federally released data from the Home Mortgage Disclosure Act (HMDA).

Reviewing Charlotte’s Realtor Competition

Setting aside Zillow, Realtor.com, and other such sites, we take a look at top five real estate firms listed in Google for Charlotte, North Carolina, to see what they have to offer those interested in buying property in the city.

30-Year Fixed Rates Climb to 3.86%

30-year fixed rate mortgage rates have rebounded, but remain at a lower level than they were last week. Zillow Inc.’s Z +0.75% real-time rate tracker showed that on Tuesday, 30-year fixed rate mortgages had a 3.86% interest rate, slightly up from Thursday’s low of 3.82% but still lower than the 3.92% they were at one week

Read More »

RealtyBizNews: Real Estate Marketing & Beyond