On Thursday, Dark Matter Technologies announced the promotion of Vikas Rao from chief technology officer to CEO, with Rao replacing Sean Dugan. At the same time, the Florida-headquartered company announced layoffs impacting 5% of its workforce. The roles affected were not immediately announced. Rao, just one day into his new role heading the technology company, […]
Dark Matter’s new CEO on AI, layoffs and growth strategy Read More »
Today was a victory for mortgage rates, but not nearly as much of a victory as the underlying bond market would suggest. The good news is that the end result is the lowest average 30yr fixed rate in just over a month. The other news isn’t bad, per se, but it is a bit confusing.
Lowest Rates in Over a Month Despite Small Move Today Read More »
With mortgage rates still hovering above 6% and far greater than those seen during the pandemic, homeowners are choosing to renovate their homes rather than move. Processing Content About 43% of Americans upgraded their homes last year, and 33% plan to remodel in the next year, according to a recent survey from Redfin that was
Lock-in effect drives home renovation boom, Redfin says Read More »