Opendoor raises $210 million, plans big expansion in 2017 Opendoor, an online marketplace that buys homes direct from homeowners, announced plans to expand beyond the two markets where it’s currently available thanks to a round of funding that reportedly values the company above $1 billion.
Freddie Mac: Market response to higher interest rates will be negative Freddie Mac released its outlook for November showing its predictions for 2017, and how higher mortgage rates will play out in the housing market. While the company said it expects growth in the economy in 2017, it does not expect the rising rates will have a positive effect on the housing market.
Employment report shows solid increase despite tight labor force The employment report increased by what some economist are saying is a “solid” number considering the unemployment level hitting its lowest point since 2007. However, the report is not without its critics, who say that while a December rate hike is still probable, the unemployment number is not... Read More
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