Mortgage rates dropped moderately today after the latest jobs report showed much lower jobs created than expected. The monthly jobs report is one of the most–if not THE most–important pieces of economic data to the rate market on any given month. If the numbers are close to forecasts, there isn’t always a big reaction. Today’s […]
Mortgage Rates End Week at Lows Read More »
All five of the publicly traded title insurance underwriters recorded higher net income year-over-year, or in Old Republic’s case, higher pretax operating income. But the reaction to those results by Keefe, Bruyette & Woods was a mixed bag. It was also a difficult spring home buying season this year as mortgage rates moved higher since
Title insurers report improved profits, volume in 2Q Read More »
Mortgage professionals broadly agree that artificial intelligence is about to reshape how they work. But a new industry report suggests that professionals who come out ahead won’t be the ones that master software the fastest. Rather, they will be the ones borrowers trust the most. Processing Content A recent survey of more than 300 mortgage
Survey: AI handles docs, LOs should own the relationship Read More »