Zillow‘s mortgage arm launched a down payment assistance program where the company will cover 2% of the borrower’s down payment at closing, allowing buyers to pay just 1% upfront.The program is available for eligible borrowers in Arizona and will expand to additional markets, Zillow Home Loans said

Nobody knows exactly what will happen, and we are just at the start of a process that will have many twists and turns.

In a hawkish tone, Jerome Powell said that Federal Reserve (Fed) officials are prepared to raise the federal funds rate further and hold it at high levels until they are confident that inflation is moving sustainably down to the 2% target. And that’s unclear at this point.There are some sources of p

Retail lender AmeriFirst Financial Inc. filed for Chapter 11 bankruptcy protection in Delaware, just two months after it got back into the forward mortgage origination business.The Mesa, Arizona-based company listed estimated assets and liabilities as much as $100 million each, according to a filing