The Mortgage Bankers Association (MBA) is urging the Federal Housing Finance Agency (FHFA) to move carefully as it finalizes changes to its Duty to Serve (DTS) rule. The trade group backs the shift toward more flexible “eligible actions” while warning about potential unintended consequences for manufactured housing and lender operations, according to a comment letter […]
MBA urges caution on FHFA Duty to Serve rule changes Read More »
BKeeperAI has officially launched its artificial intelligence (AI)-powered expense assistant designed to help real estate professionals and independent business owners manage business expenses entirely through text messages. According to the company, “solopreneurs” lose an estimated $4,000 to $10,000 annually in missed tax deductions because of inconsistent expense tracking, while 40% of small business owners avoid
BKeeperAI launches AI-powered text messaging expense assistant Read More »
After bottoming out around 6.5% in late June, mortgage rates moved steadily higher this month, ultimately hitting 6.85% last Thursday–the highest level in over a year. There was a modest recovery on Friday with a fair amount of intraday changes from the average mortgage lender. Because rates are based on bonds, it’s worth noting that
Mortgage Rates Roughly Unchanged Versus Friday’s Lows Read More »