Home Mortgage category archives

I don’t know what I’m anticipating more: my rebate check or a letter from my lender that tells me my HELOC is on ice. Back in January, lenders started notifying borrowers that their Home Equity Line of Credit — which is essentially a debit card on steroids — was being frozen, or rendered useless. Countrywide […]

For those of you who haven’t already heard the news, today Freddie Mac reached an agreement with Wells Fargo, Citibank, Washington Mutual and JPMorgan Chase to purchase mortgages up to $730,000 in some areas. What does this mean for you?
Traditionally, homes loans above $417,000 were considered jumbo, and were not backed by government-sponsored programs, including […]

Some of you may have noticed some changes and additions we made to the Zillow Mortgage Marketplace landing page.  In addition to links directly to our Credit Score Estimator and Mortgage Help Center topics, we’re now making it easy for anyone visiting Mortgage Marketplace to look at loan requests and mortgage quotes happening in real […]

We’ve had a busy week here at Zillow since Zillow Mortgage Marketplace launched last Wednesday evening. At this writing, 7,866 loan requests have been submitted by borrowers, and lenders have responded with more than 14,397 loan quotes! Needless to say, this surpasses any expectations we had internally for the first week out of the gate.
While […]

As part of the product planning for Zillow Mortgage Marketplace, we conducted research on borrower behavior, perceptions and concerns. The findings helped guide our thinking and shape the final product features. You can check out some survey highlights in our press room. Below are several interesting facts from recent surveys of the U.S. population1 and […]

At Zillow we believe in information transparency. We believe informed consumers are empowered consumers. We believe these informed consumers make better customers for real estate professionals. We believe consumers should be able to shop anonymously, so that they are not approached by a salesperson until they ask for assistance. Finally, we believe in open and […]

Today’s Wiki Wednesday Feature: Bad Credit Marries Good Credit
You think you found the right guy or gal, have been dating for a while and things are getting serious. You’re even talking the “m” word. Let’s go through the marriage material checklist:

Smart? Check
Attractive? Check
Compatible in “all ways?” Check
A nice person? Check
Gainfully employed? Check
Gives you freedom and […]

Today’s Wiki Wednesday Feature: Home Equity Loans and Lines

On Tuesday, the Federal Reserve delivered an emergency rate cut in an attempt to spur the economy and to try to steer clear of a full-out recession. So, what does that mean for homeowners? Well, if you’re like most Americans who own a home, you might have […]

 Today’s Wiki Wednesday Feature: Most Important 2 Steps to Get the Best Mortgage
Just two steps to finding the best mortgage? Now that’s the kind of article that fits into anyone’s overtaxed and overburdened life — especially when buying a home. According to attny54 and his article, “Most Important 2 Steps to Get the Best Mortgage,” the two most important things you […]

Lots of addresses fill up the “most viewed homes per day” table that Zillow data analysts compile. It’s anyone’s guess as to why these homes attract clicks. Maybe it’s the home of a celebrity. Maybe it’s a fabulous home for sale. Or, maybe it’s a home that was turned into a brothel. No, really.
Last week, this home in New Rochelle […]