HomeLight raises $20M to expand Buy Before You Sell product

Proptech HomeLight has raised $20 million to expand the offering of its Buy Before You Sell product to mortgage lenders and real estate agents across 40 new states, the company announced on Monday. Zeev Ventures, an early-stage venture fund, led the Series D extension, and was joined by Stereo Capit

Rocket rolls out temporary rate buydown for lower-income households

Detroit-headquartered Rocket Mortgage on Monday rolled out a lender-paid 2-1 temporary buydown program for lower-income households.The program, dubbed “Welcome Home RateBreak,” is available to buyers purchasing a single-family home and earning 80% or less of their area median income (AMI). Rocket es

Millennials want more space in the rental market

As the housing market continues to be marked by high mortgage rates and record-breaking home prices across many U.S. regions, renting continues to play a pivotal role for millions of people. Currently, more than 44 million U.S. households rent their homes, a figure that is expected to continue to ri

Where New Yorkers Can Afford To Rent a Home—Based On How Much They Earn

Getty ImagesLiving in New York City is an extraordinary experience, but it takes more than an ordinary income to afford to rent a roof over your head.The median asking rent in the city for July was $3,421, according to a new Realtor.com® report.At a time when rents in the U.S. have been declining, r