Mortgage Industry News
Rocket Mortgage Upgrades Pathfinder Tool with AI Chat Interface
A new AI chat interface in Pathfinder is being tested to help mortgage bankers and brokers answer client questions. Continue Reading Rocket Mortgage Upgrades Pathfinder Tool with AI Chat Interface
CMHC Chief Romy Bowers Leaving for IMF Position
Bowers joined CMHC in 2015 as the agency’s chief risk manager and took on the chief executive duties in 2020. Continue Reading CMHC Chief Romy Bowers Leaving for IMF Position
Feds raises rate a quarter point, inflation still a concern
February 1, 2023 (Staff Writer) The U.S. Federal Reserve (Fed) announced its first decision of 2023 for the Federal Funds rate today. An increase of 0.25 percentage points, taking rates between 4.50% and 4.75% was approved and adopted. This is now the eighth...
92% of millennial homebuyers say inflation has impacted their purchase plans, but most are plowing ahead anyway, study shows
Source: CNBC --- Millennials — who are roughly ages 27 to 42 — are in their prime homebuying years. While the combination of high home prices and rising interest rates has caused affordability issues for many buyers, the situation is gradually improving. The median...
DO POCKET LISTINGS BENEFIT SELLERS IN ANY WAY?
Source: Realty Biz News --- When buying or selling a house, you may hear real estate terms you're unfamiliar with. One such term could be a "pocket listing." When hearing this for the first time, it is not uncommon for consumers to ask what is a pocket listing in real...
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Recent Posts
Hits and Misses for the Real Estate Week of April 27-May 1- Global Manufactured Homes Market Forecast to Reach Nearly $43 Billion by 20…
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- Pennsylvania Housing Finance Agency Launches Home Purchase Assistance Loan
- Portland Duo Sentenced for Running Real Estate Investment Fraud Scheme
