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

Burn IDX to the Ground? Bull or Bear?

Here is Something Users Can’t Understand. It’s IDX, Man.IDX perpetuates the confusion...

Continue reading
by HSC Management

Meet the Real Estate Tech Founder: Sean Harper from Kin

In our latest real estate tech entrepreneur interview, we’re speaking with Sean Harper from...

Continue reading
by HSC Management

The Community Platform Choice for Geek Estate Mastermind: Mighty Networks

The Geek Estate Mastermind was originally a combination of an email list, and a private Facebook...

Continue reading
by HSC Management