Mortgage rates began the day at the highest levels in a month. The move up versus Friday was only moderate, but Friday’s levels were already fairly close to early Feb’s highs. Oil prices continue putting upward pressure on rates, but with several caveats. It takes quite a big move in oil to motivate enough movement […]
Mortgage Rates Finish Flat After Starting Higher Read More »
In spite of downwardly trending rates last year, adjustable-rate mortgage volumes increased, defying traditional logic that has been “turned upside down,” according to analysis from Cotality. Processing Content Past history suggests ARM volume should have fallen as fixed rates dipped throughout 2025 to alleviate pressure on housing costs. The percentage of adjustable-rate loans among conventional
Why ARMs are rising even as rates drift lower Read More »
Anthropic PBC sued the Defense Department for declaring that the artificial intelligence giant posed a risk to the US supply chain, further ramping up a high-stakes dispute with the Pentagon over safeguards on the company’s technology. Processing Content San Francisco-based Anthropic is challenging a decision by the department and other federal agencies like the Federal
Anthropic sues US government over supply chain risk label Read More »