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Mortgage refinancings jumped 200% the second quarter, a record high, as lenders provided over $1 trillion in home loans. (iStock)

Mortgage refinancings hit record high in Q2

Mortgage refinancings have hit a record high, as the U.S. housing market continues to rebound from the initial shock of the coronavirus. With interest rates at all-time lows, refinancings jumped more than 200 percent...

Mortgage refinancings hit record high in Q2
Opendoor CEO Eric Woo and images of its Opendoor Home Loans app (Credit: Resolute Ventures)

iBuyer startup Opendoor launching new home loan program

Opendoor, an instant-homebuying startup with a valuation of $3.8 billion, is moving into lending. The company announced its newest...

iBuyer startup Opendoor launching new home loan program
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