Small investors make gains as institutional homebuyers retreat

Firms have key considerations to make about how they use artificial intelligence (AI) and prepare for a new era of mortgage sourcing shaped by this technology. During a boardroom discussion at the British Mortgage and Protection Senate, Neil Wyatt, chief commercial officer at Mortgage Brain, said the way mortgage sourcing worked today would “undoubtedly”…

Advisors and investors have certainly been keeping an eye on gold prices as of late, but what’s going on with the gold miners themselves may be equally as interesting. Key Takeaways: Gold miners performed well in August, given that the precious metal offered a potent use case during the debasement trade and a weakening dollar….

Munis were cheaper on Tuesday, as U.S. Treasuries weakened slightly and equities ended lower ahead of the Federal Open Market Committee announcement. Processing Content Muni yields were cut by three to six basis points, depending on the scale. UST yields cheapened by one to two basis points. The 10-year UST hit 5% for the second…

The spike in the 30-year fixed-rate mortgage during the between July and September cost potential home purchasers $19,000 in buying power, economists at First American calculated. Processing Content “For a prospective buyer, that can mean shopping at a lower price point, bringing more cash to the table, or taking on a larger monthly payment,” said…

If you love to read, #BookTok’s latest trend—a personal reading retreat—might be right up your alley. And with highly anticipated releases like Audrey Niffenegger’s Life Out of Order and Sarah J. Maas’s A Court of Splintered Harmony arriving this fall, there’s no better time to bring it to life. Complete with floor-to-ceiling bookshelves, a comfortable chair,…