How Bilt is rewarding first-time homebuyers

Bilt Rewards Founder and CEO Ankur Jain joins Brian Sozzi and Julie Hyman to discuss his company and how they're helping potential homeowners. As the payments and rewards platform for over 70% of the top rental companies nationwide, Bilt is now expanding its focus. "What we have been looking at is how do you now help people go from renting to homeownership," Jain explains to Yahoo Finance, highlighting the company's aim to address the challenges posed by higher interest rates. The company offers an "all-in" search tool that analyzes users' income and taxes to help them understand their home-buying power and "show you homes that you are qualified to buy today." To sweeten the deal, when customers are ready to purchase a home, Bilt offers a rewards program where they earn one airline or hotel point for every two dollars spent on their housing purchase. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith