In a real sense, today’s rate update is more of an addendum to yesterday’s rate update. Yesterday afternoon saw heavy, continued selling in the bond market amid a flood of trading associated with the end of the quarter. Because mortgage rates are directly based on the bond market, this resulted in multiple lenders raising rates […]
Mortgage Rates Jump to Highest Levels in a Week Read More »
For the first time, the government-sponsored enterprises have published historical credit score data for the FICO 10T model. They have also released additional data for VantageScore 4.0. Processing Content The initial historical data release for VantageScore 4.0 was in July 2024. Historical data from these newer scores help mortgage industry players to better gauge their
Fannie, Freddie release FICO 10T historical data Read More »
Linkhome Holdings, an artificial intelligence-powered real estate and fintech company, is leveraging a recent acquisition to launch a new graphics processing unit financing business. Processing Content The company completed the purchase of 100% of the equity interests of Mortgage One Group, marking a step in its push into AI financing. In that, Linkhome used Mortgage
Linkhome buys mortgage lender to finance AI chip business Read More »