AcquisitionIn The News

Lower Acquires Movoto, A Top 5 U.S. Real Estate Portal, To Accelerate National Growth And Build An End-To-End Homeownership Platform

Lower, a digital mortgage lender, announced the acquisition of proptech and flagship real estate portal, Movoto.  This acquisition combines Movoto’s significant reach with Lower’s lending platform and retail network, creating an end-to-end homeownership platform while offering a growth engine for real estate agents and loan officers.

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Home PurchasesIn The News

First-Time Homebuyers Comprise Record Share Of Agency Purchase Lending In Q1

Intercontinental Exchange, Inc. (NYSE: ICE), a provider of technology and data, released its May 2025 Mortgage Monitor Report, which delves into the rising share of first-time and Gen Z homebuyer participation in the mortgage market. Notably, first-time homebuyers (FTHBs) accounted for a record share of agency purchase lending in Q1 2025 as higher interest rates continued to dampen repeat buyer participation in the market.

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2025 ForecastIn The News

Digesting What The Fed Said And Did, And How It Will Impact Lending

The Fed met last week and did not signal a rate decrease. “Look at the state of the economy,” Fed Chair Jerome Powell said. “The labor work is solid, inflation is low. We can afford to be patient as things unfold. There’s no real cost to our waiting at this point.” Now that this news has settled in, here is how insiders see it impacting lending going forward:

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