Zillow launches mortgage app

Web traffic on mobile devices is increasing. Case in point, Zillow says that 30 percent of its weekend traffic is generated on iPhones, smart phones, iPads, and the like. The company hopes to respond to this consumer shift by providing easy access to real time loan information.

Zillow recently announced its free mobile app for the iPhone, which will offer home buyers access to loan quotes and calculators for payments, affordability, and refinancing.

On its website, Zillow promises these client features:

  • Live rates – not teaser rates
  • Easy-to-advanced calculator options
  • Personalized quotes from confirmed lenders
  • Loan quote comparisons
  • Reviews and ratings on hundreds of lenders
  • Saved loan requests and quotes
  • Ability to email calculator results, rate trends and loan quotes