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AI-powered real estate operations system Purlin and Final Offer, a consumer-facing offer negotiation marketplace, have merged to form Purlin Enterprises, according to an announcement on Tuesday. The financial terms of the merger were not disclosed. The merger creates an AI-platform that unifies real estate, mortgage and title.  After the merger, the companies say that Purlin […]

Despite some key economic and policy announcements in the past week, mortgage rates have remained stable, which could alleviate homebuyer and seller concerns as the spring housing market approaches. Mortgage News Daily (MND) reported Tuesday that 30-year fixed rates averaged 6.20%, up 5 basis points in the past week. MND rates are based on best-execution

Consumer credit reporting company Experian has reached an agreement to acquire mortgage shopping platform Own Up, with the goal of integrating homebuying guidance and loan options into Experian’s existing ecosystem of credit card, personal loan and auto insurance offerings. Own Up operates an artificial intelligence-powered mortgage shopping platform for home purchases, refinances and home equity