From Yahoo Finance: 2025-06-21 08:31:00

Former Redfin management lead and Credit Karma startup founder launches RetroRate, a proptech company focusing on assumable mortgages. RetroRate announced a $2.2 million seed round led by Swift Ventures. Andy Taylor, RetroRate’s founder, was inspired by mortgage trend data he analyzed while at Credit Karma. Assumable mortgages can save buyers money compared to new loans. RetroRate offers a searchable database of homes with assumable mortgages. Despite challenges, Taylor believes in modernizing the system. RetroRate aims to thrive regardless of interest rate movement, restoring affordability and creating liquidity. 1. The stock market experienced a surge today with the S&P 500 reaching a record high, driven by strong performances from tech companies like Apple and Microsoft.

2. The unemployment rate dropped to 4.2% in the latest report, signaling a strong job market recovery with over 500,000 jobs added last month.

3. Scientists have discovered a new species of dinosaur in Argentina, named Llukalkan aliocranianus, with a unique crested skull and sharp teeth.

4. The CDC has announced that fully vaccinated individuals can now safely travel within the U.S. without the need for COVID-19 testing or quarantine measures.



Read more at Yahoo Finance: Redfin Veteran Launches Startup To Unlock Thousands In Monthly Savings Saying The Goal Is ‘To Make Assumable Loans Just Another Financing Type’