What To Know About Closing Costs

Now that you’ve decided to buy a home and are ready to make it happen, it’s a good idea to plan ahead for the costs that are a typical part of the homebuying process.

What ICE’s Encompass bombshell means for the mortgage industry

ICE Mortgage Technology will be sunsetting legacy integrations for its flagship Encompass platform by Oct. 31, 2025, which will modernize the mortgage market even if some vendors have to go kicking and screaming. In an email to partners on Tuesday, ICE said that it will be closing down the Encompass

UWM will use AI to tap into refi pools 

Michigan-based United Wholesale Mortgage (UWM) has launched proprietary technology that will use artificial intelligence (AI) to send pre-validated refinance opportunities. Dubbed “KEEP,” the system identifies borrowers who can save on their monthly mortgage payments and will automatically communica

Mortgage rates drop to another new low for 2024

On this crazy day with the bond market, mortgage rates dropped to another yearly low after the CPI inflation print. How low? Mortgage News Daily came out with a shocking print of 6.11% mortgage rates for their top-tier borrowers, while HousingWire’s Mortgage Rates Center, which tracks actual loan lo