Mortgage rates began the day in uneventful fashion with the average lender right in line with yesterday’s latest levels. Things might have gotten off to a slightly better start, but higher inflation in this morning’s econ data and discouraging war-related headlines put upward pressure on bond yields (yields and rates are technically the same thing […]
Rates Drop Sharply to One Week Lows Read More »
Fannie Mae lowered loan forecasts for the next two years and also said interest rates will creep higher by the end of 2027, according to its monthly housing outlook. Processing Content The government-sponsored enterprise now expects single-family production volume to finish at $2.35 trillion this year, it said in its June report. The new number
Fannie Mae lowers origination forecasts through 2027 Read More »
Homebuyers are becoming more trusting of artificial intelligence across every stage of the homebuying journey, a new industry report found. Processing Content More than half, 53%, of prospective buyers said they would be comfortable purchasing a home without any direct human involvement, according to a survey conducted by Veterans United Home Loans. “What’s striking is
9 in 10 buyers OK sharing financial data with AI, survey finds Read More »