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Encompass dominates the loan origination software market but allegiances vary among competing institutions of various sizes.  The LOS is a lender’s key piece of technology, often exceeding core origination tasks by housing product and pricing engines and other closing technology, according to a new report by National Mortgage News parent company Arizent.  “Everybody has their […]

Mortgage rates hit a low of 6.13% before the Federal Reserve meeting last week and then rose higher to close the week at 6.35%. I discuss what happened at the Fed press conference in this episode of the HousingWire Daily podcast and then covered the next two days of wild pricing in this episode. Let’s

Mortgage rates fell to almost 6% just before the Fed announcement on rate cuts, then rose slightly to close out the week. Have lower mortgage rates already changed the housing market? Yes. Housing data started to change in our weekly Housing Market Tracker in mid-June and I’m writing this weekend’s tracker a bit differently to