The mortgage lock-in effect varies geographically for the simple reason that more recent mortgage loans exist in areas with stronger home sales. This article explores how the lock-in effect varies by geography.
The concept of a discount brokerage -- in which brokerages offer services to real estate buyers and sellers for less than the predominant commission-based model -- has existed for decades in the real estate space. This article provides a brief overview of where this model has been and where it may be headed.
IBuying has gained many headlines, but the real estate financing revolution currently happening is much bigger as companies innovate to streamline the transaction with alternative financing services, something T3 Sixty has termed AltFin. Zillow Group’s move to walk away from purchasing homes is just part of this new approach’s evolution.