The structure of most businesses is that they need to grow and continue to grow to function at their best. There’s a lot of money in the world, and the only reason a large amount of it can’t be yours is that you might not be able to serve everyone’s needs. But then, one thing
Borrowers are increasingly keeping up with mortgage payments, but for how long?
The number of Americans who’re keeping up with their mortgage payments has hit a twenty-year high, according to data from the Mortgage Bankers Association. The MBA notes that delinquency rates are a key measure of economic success, and are closely watched by economists. It says the last time that a significant number of borrowers stopped
How digital assistants are easing real estate transactions
Digital assistants such as Amazon Alexa and Google Assistant are increasingly finding use cases in the real estate industry. Not only are they used to search for homes for sale, but they can also help to perform tasks like transferring money. Now, some property managers want to even further and let tenants pay their rent
Mortgage payments rise twice as fast as interest rates
Buyers’ monthly housing costs are growing rapidly as mortgage rates have risen significantly since the beginning of the year. A recent Zillow analysis found that higher rates are responsible for about two-thirds of the increase in buyers’ monthly mortgage payments compared with what those costs would have been a year ago had home values remained
Zillow adds new rental management tools for landlords
Real estate listings site Zillow is also one of the most popular portals for finding rental homes, in addition to properties for sale. Now, the company is adding
Rhino wants to get rid of the security deposit on your next apartment
A startup called Rhino is hoping to do away with the need for a security deposit on rented homes, with a new technology solution it says benefits both renters and landlords.
ManageGo enables tenants to pay their rent in Bitcoin, Litecoin and Ethereum
Mobile rent payment application provider ManageGo says it will enable payments via popular cryptocurrencies including Bitcoin, Litecoin and Ethereum. Once that happens, tenants will be able to pay their rents using these cryptocurrencies.
California wildfire victims to get mortgage relief
Homeowners whose properties have been lost or damaged by the wildfires in California this year might be able to defer their mortgage payments
Domuso gets $3.1M to fund its late rental payments loan platform
Domuso says it’s just landed $3.1 million in funding to build out its product offering, which uniquely serves renters by letting them pay late rent over an extended period of time
HELOC borrowers could soon find their payments increase
Homeowners who have home equity lines of credit, called HELOCs, could be in for a nasty shock when their monthly payments increase suddenly.