The U.S. economy appears to be on firmer footing than previously thought, mortgage rates are forecast to end 2024 at 6% and home-price growth is also on the move. These are conclusions drawn by economists at Fannie Mae‘s Economic and Strategic Research (ESR) Group. They’re now projecting gross domestic product (GDP) growth to fall from…
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CNBC’s Rick Santelli reports on the latest economic data to cross the tape.
Cooling inflation and a steady job market are giving homebuilders a sense of optimism when it comes to mortgage rates, leading to an uptick in homebuilder confidence, according to data published on Thursday. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rose two points month over month to a reading of 43 in October….
Better Home & Finance, the parent company of digital lender Better.com, launched its voice-based artificial intelligence loan assistant on Thursday. According to the company, the assistant provides customers with “timely and accurate answers.” The AI loan assistant, dubbed Betsy, was built through Tinman, the company’s proprietary loan origination platform, where information and facts on…