Mortgage rates enter the Memorial Day weekend at levels not seen since last Labor Day with the bond market in a tizzy this past week. Processing Content News over inflation and the Iran conflict influenced investors and as a result, the 10-year Treasury reached its highest point in 52 weeks. For the week of May […]
Mortgage rates surge to 9-month high amid market turmoil Read More »
US housing starts declined in April as construction of single-family homes dropped by the most in nearly a year, suggesting builders are growing cautious amid higher mortgage rates. Processing Content New residential construction decreased 2.8% last month to an annualized rate of 1.47 million homes, according to government figures released Thursday. Starts of single-family homes
Housing starts decline on drop in single-family homes Read More »
Artificial intelligence could soon upend how secondary market assets are priced and traded, and mortgage technology leaders say the industry may never look the same. Processing Content Its abilities are only set to improve just as they are on the originations side of the industry, resulting in a possible reset of asset trading processes as
AI set to reshape secondary market pricing and trading Read More »