9 in 10 buyers OK sharing financial data with AI, survey finds

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 […]

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Ex-FHA commissioner: Fund strong enough for rate cut

Former Federal Housing Administration Commissioner Frank Cassidy identifies a multifamily premium cut as being among his accomplishments while in the post he recently departed, which raises the question as to whether he thinks a new, similar move is in order for single-family. Processing Content “What I’ll say is the FHA insurance fund is the strongest

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Mortgage rates resume rise on jobs, inflation data

With indicators showing the U.S. economy is heating up based on employment and inflation reports, mortgage rates moved 4 basis points higher this week. Processing Content Zillow’s data showed mortgage rates resuming their climb as well. “Together, the data reinforce a ‘higher-for-longer’ view: markets have largely abandoned hopes for rate cuts this year, Treasury yields

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