Reduced projections for interest rate cuts this year has lenders mulling the extent to which they need to diversify their product sets, several experts at an industry conference said Wednesday. Processing Content “Inflation is starting to move through the system and I think it’s going to keep rates elevated for quite some time,” Scott Buchta, […]
Rate outlook shift renews interest in the ‘other refi boom’ Read More »
Mortgage rates fell for the first time in three weeks, even as the 10-year Treasury was pretty much flat for the period, according to Freddie Mac. Processing Content The 30-year fixed rate mortgage averaged 6.48% as of June 4, down from 6.53% one-week prior, the Freddie Mac Primary Mortgage Market Survey reported. However, this rate
Mortgage rates fall for first time in three weeks Read More »
Intercontinental Exchange is joining a high-profile Anthropic initiative to bolster cybersecurity across all divisions of the company, including its mortgage platforms and services. Processing Content As one of the new parties in Project Glasswing’s expansion this month, the Atlanta-based parent of ICE Mortgage Technology deployed Anthropic’s artificial intelligence model, Claude Mythos Preview, across its entire
ICE Mortgage parent joins Anthropic cybersecurity initiative Read More »