Mortgage Rates Drift Modestly Higher
For all practical purposes, Friday's mortgage rates were unchanged versus Thursday's, but if we're splitting hairs, the average lender rose 0.01% to 6.77% for a top tier 30yr fixed. While many news outlets continue focusing on the mid-week announcement regarding Treasury's bond buyback program, tod
Does housing have an AI problem?
The Federal Reserve thinks so
Luminate Bank acquires First State Mortgage, 26 originators
This was the second acquisition Luminate's mortgage arm has made since the start of 2025. The bank bought NJ Lenders Corp. in April of last year.
Pamela Heman
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