Homescape® Announces Partnership with
Bankrate
To Offer Mortgage Content on Website
Mortgage Section Offers Users Information on
Rates,
Mortgage Basics, Debt Management and More
CHICAGO--(BUSINESS WIRE)--Homescape®, the leading online provider of local, comprehensive real estate property listings and rich content, today announced the addition of a “Mortgage Center” section to the website. The new content is provided in partnership with Bankrate, Inc. (NASDAQ: RATE), an online aggregator of consumer financial interest rate information.
“This content partnership with Bankrate has given us a very strong addition to the information and resources we offer consumers”
“This content partnership with Bankrate has given us a very strong addition to the information and resources we offer consumers,” said Frank Breithaupt, Vice President and General Manager of Homescape. “Now, in addition to over 2 million listings, we offer our users valuable information regarding mortgage rates and the financial aspects of buying a home.”
Homescape’s Mortgage section will allow consumers to search for a home loan product that will meet their precise needs. Users can find comparable mortgage rates in their local area, as well as, a list of Bankrate’s overnight national average interest rates for a variety of fixed and adjustable rate mortgage and home equity products. The Mortgage Center also includes Bankrate’s articles and features regarding real estate topics, as well as an award-winning mortgage blog. Other sections include a financial glossary, mortgage and home equity basics, expert advice, debt management, and articles dealing with financial literacy.
“This offering will create a one-stop shop for the consumer. Home buyers can search Homescape’s property listings, and combine that with the information Bankrate provides on mortgages and financing options,” said Mike Ricciardelli, SVP of Business Development and Consumer Marketing for Bankrate, Inc.
In addition to the property listings and seven million property photos, Homescape simplifies the home search for buyers by allowing them to find resale, new construction, newspaper classifieds and open house properties from across the country. Homescape offers consumers one simple search with multiple options to view and manage results. The site also provides advertising opportunities with unlimited text and photos for real estate professionals, offering rich content and exposure to serious, local home buyers.
Homescape is a division of Chicago-based Classified Ventures, LLC, a strategic joint venture owned by Belo Corporation, Gannett Co., Inc., The McClatchy Company, Tribune Company and The Washington Post Company.
About Homescape®
Homescape provides local, comprehensive property listings and rich content to consumers nationwide, while delivering a suite of advertising solutions that offer choice and results to meet the individual needs of real estate agents, brokers, builders and private party advertisers. Homescape also serves a network of over 125 local online newspaper websites nationwide with a full suite of online advertising solutions. Our network includes The Arizona Republic (www.azcentral.com), Chicago Tribune (www.chicagotribune.com), The Dallas Morning News (www.dallasnews.com), The Miami Herald (www.miamiherald.com) and The Washington Post (www.washingtonpost.com). For more information, visit www.homescape.com.
About Bankrate, Inc.
Bankrate, Inc. (Nasdaq: RATE) ("Bankrate") owns and operates Bankrate.com, a leading Internet consumer banking marketplace. Bankrate.com is a destination site of personal finance channels, including banking, investing, taxes, debt management and college finance. Bankrate.com is the leading aggregator of more than 300 financial products, including mortgages, credit cards, new and used auto loans, money market accounts and CDs, checking and ATM fees, home equity loans and online banking fees. Bankrate.com reviews more than 4,800 financial institutions in 575 markets in 50 states. In 2006, Bankrate.com had nearly 53 million unique visitors. Bankrate's information is also distributed through more than 400 national and state publications.
About Classified Ventures, LLC
Classified Ventures is a strategic joint venture among five media companies, including Belo Corp. (NYSE: BLC), Gannett Co. Inc. (NYSE: GCI), The McClatchy Co. (NYSE: MNI), Tribune Co. (NYSE: TRB) and The Washington Post Co. (NYSE: WPO), whose objectives are to collectively capitalize on the revenue growth in the online advertising categories of automotive, real estate and rentals. To execute on its objectives, Classified Ventures has four leading businesses: Apartments.com, Cars.com, HomeGain and Homescape.
