Opendoor cites rising acquisition contracts as it funds growth with 0% notes

Opendoor is launching a share repurchase program as part of a series of transactions the company said would add “$440 million of growth capital to the balance sheet at a 0% coupon while reducing shares outstanding by 5%.” These transactions, which were announced Thursday, consist of a $650 million o

Mortgage Rates Dip Slightly to 6.67% as Hopes for Iran Peace Deal Fizzle Out

Mortgage rates eased off their one-year highs this week, as markets continue to await signs of a resolution to the Iran war and normalization of global oil prices. The average rate on 30-year fixed home loans dipped to 6.67% for the week ending Aug. 13, down 2 basis points from 6.69% the previous we

Private listings face House and Senate scrutiny but Washington can’t sell a home

The private listings fight now has both chambers of Congress. It still stops one door short of the room where your income is decided. For four months, the fight over private listings has bounced from a Chicago courtroom to federal regulators and back. In July it climbed the steps of the House. This

A Viral AI Property Tax Hoax Is Targeting Some Homeowners—and It Could Cost Them Real Relief

Douglas County Assessor Toby Damisch first suspected something was wrong when Colorado homeowners started calling his office with some unusual questions. “Hey, I hear I don't have to pay the school property tax anymore,” he recalls constituents saying. Others told his office they had heard their pro