Mortgage

Bond Yields Near Highest Levels of the Year, Will Mortgage Rates Follow?

It’s been a topsy-turvy couple weeks for the markets, leading to wild swings in stocks, bonds, and mortgage rates.The driver has been the...

Mortgage Digest: Bond yield spike drives latest fixed mortgage rate hikes of up to 30 bps

Markets are rapidly repricing inflation and rate expectations, driving bond yields higher and triggering a new round of fixed mortgage increases

Palantir, Moder partner with Freedom Mortgage on AI ops

Palantir Technologies and Moder partnered to build an AI-powered mortgage operations platform and Freedom Mortgage was its first customer, the companies announced Thursday.Processing...

A Home Builder Is Offering to Cover Your First 12 Mortgage Payments

Here’s something new I haven’t seen this cycle.A home builder is offering to cover your first 12 mortgage payments if you purchase one...

Markets raise bets on Bank of Canada hikes as oil fears mount

Markets see the Bank of Canada hiking interest rates more aggressively this year amid surging oil prices and hawkish messaging from peer central...