The refinance market isn’t dead. It just changed shape.
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Mortgage rates held steady at a three-year high this week as the bond market stabilized, helped by an influx of investor cash from a selloff in technology and AI stocks. The average rate on 30-year fixed home loans was unchanged at 7.40% for the week ending Oct. 15, according to Freddie Mac. For perspective, rates…
Century 21 COO: M&A activity fueled by growing tech demands Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 19 hours ago Latest
Zions Bancorporation has completed its purchase of the agency multifamily lending platform owned by Basis Multifamily Finance I, including staff and mortgage-servicing rights. Processing Content The price paid, as well as other terms of the deal, were not disclosed. The deal was first announced in March. Basis Multifamily Finance I was a subsidiary of Basis…
A plan to redirect fair housing funds is drawing pushback from 32 Democratic senators, who are urging the Department of Housing and Urban Development (HUD) to “rescind a series of proposed changes that would fundamentally undermine implementation” of the Fair Housing Initiatives Program (FHIP). The overhaul of the federal grant program is part of what…
Lettuce pray: We’ve found the source of the diarrhea parasite. On Thursday, the US Food and Drug Administration linked shredded iceberg lettuce supplied to Taco Bell restaurants in five states to an ongoing cyclosporiasis outbreak. Public health officials are warning customers not to eat shredded iceberg lettuce served at Taco Bell locations in Indiana, Kentucky,…
Wall Street banks are accelerating artificial intelligence hiring as they shift from chatbots to AI agents. Hiring is expanding beyond model builders to engineers who put agents to work across trading desks, compliance units and back-office operations. AI-related job postings at banks including JPMorgan Chase, Citigroup and Capital One rose 49% this year to 139,819,…