Friday, December 3, 2021

The Seattle Times Real Estate – The Seattle Times

The Seattle Times Real Estate – The Seattle Times


Zillow selling off homes as it shutters house-flipping business

Posted: 02 Dec 2021 05:33 PM PST


Zillow announced last month it had failed to accurately predict the price of homes for its house-flipping business, Zillow Offers.

US long-term mortgage rates relatively flat this week

Posted: 02 Dec 2021 07:15 AM PST


The average interest rate for long-term mortgages in the U.S. remained flat this week, following the Federal Reserve suggesting that it would start tightening credit by raising its benchmark rate.

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