Zillow Shuts Off Mortgage Rate API

Zillow Shuts Off Mortgage Rate API

Startup founders beware: Zillow decommissioned their Mortgage Rate Summary API. Building on top of a 3rd party free API is great, until it gets yanked from under you. (I had this same issue with Horizon when Facebook decommissioned/modified the APIs we built on).

I originally heard the news from a founder I recently spoke with, and found a discussion thread that validates the change here.

Looking at their widgets page, I don’t see any of the old mortgage widgets (such as the image seen to the right) there either. The only widgets currently available are their reviews widget and a basic real estate search box.

Strategically, especially given I ran the API program from 2007-2010, I’m incredibly curious what led to the decision to remove the mortgage API (& widgets). There are several options I can think of:

  • Too much of a pain to continue to support all widgets given the rise of mobile (making widgets work across all devices/browsers is indeed a pain in the rear in the early days)
  • The widgets and APIs weren’t being used
  • View real time mortgage rates as a competitive advantage now in a way they didn’t previously
  • A strategic business development deal requiring a stop in mortgage rate syndication
  • Not a priority given present engineering resources

What other mortgage rate sources are out there?

About Drew Meyers

Founder of Geek Estate Blog / Geek Estate Labs. Zillow Alum. Travel addict & co-founder of Horizon. Social entrepreneurship & microfinance advocate. Fan of Red Hot Chili Peppers and Kiva.


Source link


HSC Management

Related posts

2018 Report: How Brokers Are Handcrafting the Future of Their Real Estate Technology

Drew MeyersFounder of Geek Estate Blog / Geek Estate Labs. Zillow Alum. Travel addict &...

Continue reading
by HSC Management

Geek Estate Founding Member Spotlight: Ryan Coon from Rentalutions

We’ve now published three Geek Estate founding member interview; Jennifer Kjellgren,...

Continue reading
by HSC Management

Zillow’s Latest Consumer Brand, Out East

Zillow recently launched a new brand, Out East. It’s a portal for the Hamptons, joining...

Continue reading
by HSC Management