Mortgage rates hit fresh long term lows yesterday with the average top tier 30yr fixed rate at the best levels since October 3rd, 2024. There wasn’t anything exceptional about the movement yesterday or on any other day in the past week. Rather, it was the jobs report at the beginning of the month that accounted […]
Mortgage Rates Mostly Steady Despite Some Market Volatility Read More »
Hedge fund billionaire Bill Ackman is fueling more speculation about President Trump’s suggested Fannie Mae-Freddie Mac merger this fall, but experts debate the near-term benefits. The Pershing Square Capital Management CEO linked the concept to President Trump’s Truth Social post depicting a public offering for a single entity, citing the potential for a government-sponsored enterprise
Experts weigh Fannie-Freddie merger prospects Read More »
A small fish in the pond of fintech-focused mortgage companies is trying to race to the front in the artificial intelligence arms race. And it’s not using a typical ChatGPT-style program either. Future Technologies CEO Blake Bianchi announced on Thursday that the company is launching a full-stack, proprietary AI system that promises to automate the
Future unveils Alpha, an in-house AI mortgage system Read More »