New York-based Orchard has raised $100M in a new Series D funding round, lifting its total equity to $255M and reaching a valuation of more than $1B, it was announced Thursday
Rates for 30-year mortgages barely budged over the last month, even as lenders sifted through new statements from Federal Reserve officials
The company focuses on lending for investors who plan to rent out or flip their properties. The new name is a reference to the word for 'key' in Italian
Rates remain near historic lows despite Fed's willingness to consider tapering mortgage purchases this year
Low mortgage rates that had risen off a strong jobs report remained unmoved earlier this week, according to Freddie Mac's lender survey
The latest numbers from Attom Data Solutions show that mortgage lenders issued more purchase loans in the second quarter of the year but lost ground on the refinancing side
The debt offering — in the form of senior convertible notes that mature in 2026 — will include a $750M private offering to qualified institutional investors
Mortgage rates on 30-year loans rose this week for the first time in over a month after the latest jobs report came in better than expected
Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position
Interest rates on 30-year mortgages fell further as bond markets reacted to the delta variant's potential impact on the global economy
Corporate buyers were particularly active in Mississippi, where 1 in 9 homes that sold ended up in the hands of an institutional investor
The new bond products offer higher yields in a low-interest-rate environment; but if the loans go bad, investors are on the hook
People who lost income during the pandemic are finding it hard to buy their first homes as real estate prices grew faster than incomes, according to a new Harvard University report
Interest rates for a 15-year mortgage hit new all-time lows amid high sale prices and low inventory; rates for 30-year loans dipped as well
Nearly 60% of agents surveyed by HomeLight said they expect a home office to be a top priority for buyers in a post-vaccine landscape
A Chase survey revealed nearly 4 in 10 potential first-time buyers lost income during the pandemic, setting back their homeownership goals
