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Mortgage Rates
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Jonathan Delozier
Jul 30
FirstTeam and Purlin on avoiding AI mistakes: ‘Some stuff actually creates more work’
FirstTeam Real Estate's Lauren Henss and Purlin's Tim Quirk sit down with HousingWire to touch on the state of brokerage AI adoption.
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Mortgage Rates
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Flávia Furlan Nunes
Jul 30
Chris Gallo enters guilty plea in federal mortgage fraud case
Chris Gallo, once one of the nation’s top mortgage loan officers, has pleaded guilty to conspiracy to commit bank fraud in federal court in New Jersey, according to court filings.
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Mortgage Rates
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The Philadelphia Inquirer
Jul 30
Average 30-year U.S. mortgage rate rises to highest level in a year at 6.66%
Higher mortgage rates can add hundreds of dollars a month in costs for borrowers, limiting homebuyers’ purchasing power. As rates rise, that can lead prospective home shoppers to delay buying a home.
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Mortgage Rates
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HousingWire Automation
Jul 30
Optimal Blue integrates VantageScore 4.0 into pricing, hedging and trading workflows
VantageScore 4.0, the credit scoring model that Fannie Mae and Freddie Mac are transitioning to for agency mortgages, is now integrated into Optimal Blue’s end-to-end capital markets platform,
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Mortgage Rates
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HousingWire Automation
Jul 30
Elite International Realty expands crypto real estate services
The partnership enhances streamlines buyers' process for converting cryptocurrency into U.S. dollars for real estate transactions.
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Mortgage Rates
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HousingWire Automation
Jul 30
Better appoints Orange Capital founder Daniel Lewis to board of directors
Better Home & Finance adds Orange Capital founder Daniel Lewis to its board as it doubles down on its AI-driven mortgage strategy.
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Mortgage Rates
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HousingWire Automation
Jul 30
Mortgage affordability improves in June as median payment slips to $2,191
Homebuyer affordability improved slightly in June as the national median payment on new purchase mortgage applications fell to $2,191, down from $2,198 in May.
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Mortgage Rates
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Fox Business
Jul 30
Mortgage rates rise to one-year high
Mortgage rates rose this week, according to data from Freddie Mac released Thursday. The average rate on the 30-year fixed mortgage is 6.66%, up from 6.58% last week.
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Mortgage Rates
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HousingWire Automation
Jul 30
Brands by Integra names Charles Boyett national VP of growth
Boyett brings more than 25 years of experience in real estate brokerage, executive leadership and business development.
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Mortgage Rates
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Cable News Network
Jul 30
Mortgage rates climb to highest level in a year
Five months into the war in Iran, rising oil prices and stubborn inflation are driving mortgage rates to the highest level in a year.
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Mortgage Rates
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The Associated Press
Jul 30
Mortgage rates hit highest level in a year as home price soar
The average long-term U.S. mortgage rate rose for the fourth consecutive week to its highest level in a year, another setback for prospective homebuyers hoping for a break from elevated home loan borr
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Mortgage Rates
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NerdWallet
Jul 30
Mortgage Rates Today, Thursday, July 30: Stable for Now
TL;DR: Average mortgage interest rates are in a holding pattern, at least for today.
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