News

Lower Interest Rates Increase Volume of Refinance, Mortgage Applications

Many perceived that higher mortgages rates in 2016 would result in a decrease of mortgage applications. But on the contrary, mortgage rates actually declined even further last week - causing a spike in the volume of the mortgage market.

US has Pending Home Sales Index Of 0.1% Increase in December, According to NAR

In spite of the fact that the National Association of Realtors cautioned of quelled interest in coming months in the midst of worldwide money related unpredictability and volatility, the quantity of existing homes that went pending contract became minimal in the U.S.

Real Estate Startup, Cadre, Raises $50 Million In Funding

Thanks to a Series B funding round, real estate startup Cadre has just raised $50 million. The online investment portal was co-founded by CEO Ryan Williams, who's worked at Blackstone and Goldman Sachs. Joshua Kushner of Thrive Capital, along with his real estate developer brother Jared Kushner, are investors and strategic advisers.