Mortgage rates have soared in the past month, but market participants appeared to take a wait-and-see approach this week as they contemplate further price increases for home loans. On Monday, Mortgage News Daily reported that 30-year fixed rates averaged 6.43%, down 4 basis points in the past week. MND rates are based on best-execution pricing […]
Mortgage rates hold near 6.5% as Iran tensions raise volatility Read More »
DataTrace has released a new white paper examining how artificial intelligence (AI) is reshaping title workflows and where trusted data infrastructure remains essential. The paper, “Title Search Automation: Reality, Risk, and Responsibility of AI,” finds that while AI can improve speed and workflow efficiency, accurate title search and decisioning still depend on normalized data, title
DataTrace on AI’s reality, risk and responsibility in title search Read More »
Fannie Mae, Freddie Mac, Vice Capital Markets, Better Mortgage and Wolters Kluwer are among companies adding new secondary market offerings, financing or related technology this week. Processing Content Freddie has released two new types of low-loan balance 30-year mortgages that receive cash pay-ups, according to Vice Capital Markets, which has added the products to its
Freddie, Fannie updates lead wave of secondary market news Read More »