Mortgage rates hold steady ahead of jobs report

Ahead of Friday’s national jobs report, mortgage rates have found stability after increasing for multiple weeks. Polly’s average 30-year fixed rate for conventional loans was 7.17% on Tuesday, down from 7.24% one week earlier, according to HousingWire’s Mortgage Rates Center. At the same time one ye
Read MoreWarren Buffett dragged into real estate commission lawsuit fray

The legendary billionaire CEO of Berkshire Hathaway, Warren Buffett, has found himself at the center of one of the nation’s largest real estate commission lawsuits.In an amended complaint filed on Monday, the plaintiffs in the Gibson commission lawsuit, which was filed in early November in Missouri
Read MoreReverse mortgage retail originations beat wholesale numbers in 2023

The reverse mortgage industry already knew that Home Equity Conversion Mortgage (HECM) endorsement volume in 2023 was cut nearly in half compared to 2022, but new data shows that the decline was not the same between the retail and wholesale channels of the business. The pullback in retail was not as
Read MoreGuideline Buddy launches AI-powered chatbot

Add mortgage tech firm Guideline Buddy to the list of companies with an artificial intelligence-powered chat tool.Guideline Buddy’s chatbot leverages generative AI technology to simplify the loan qualification process by providing swift and accurate information, freeing professionals from the time-c
Read More
Categories
Recent Posts










