Housing Wire

DECEMBER 24, 2020

The average U.S. mortgage rate for a 30-year fixed loan fell one basis point this week to 2.66% – the lowest rate in the Freddie Mac ’s Primary Mortgage Market Survey’s near 50-year history. This week’s mortgage rate broke the previous record set on Dec. 17. With this week’s record drop, there have now been 20 consecutive weeks when average mortgage rates have been below 3%, and the 16th time this year rates have broken their own record.

Mortgage 504

Mortgage Contracts Housing Market Marketing 504

Advanced Appraisal

DECEMBER 24, 2020

Chicago and South Suburban Appraisal Blog 12/24/2020

Decorating 137

Decorating Appraisal 137

Housing Wire

DECEMBER 24, 2020

Home services tech startup Porch.com made its debut on the Nasdaq Stock Exchange Thursday morning at a valuation of $523 million. The software firm, which merged with special purpose acquisition company Proptech Acquisition Corp. , opened trading on Thursday at $15 a share trading under the ticker symbol “PRCH.” In a statement on Wednesday , Porch said it will receive $322 million in gross proceeds from the IPO, including $150 million in a PIPE investment from Wellington Management.

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Inspection Insurance Finance Valuation 433