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Mortgage demand plummets as rates lurch toward 7%
loantrust.ai

Mortgage demand plummets as rates lurch toward 7%

Educational BREAKING — Mortgage Professional America reports that mortgage demand is falling sharply as rates climb toward 7%, with both purchase and refinance activity feeling the pressure. Higher borrowing costs have put shoppers in a defensive posture, shrinking the pool of active buyers and leaving many conventional applicants on the sidelines.

Hans Michel/ / 2 min read
AI can read the mortgage file, but who decides which facts are true?
loantrust.ai

AI can read the mortgage file, but who decides which facts are true?

Educational HousingWire reports that mortgage lenders are now wrestling with a fundamental question in the age of automated underwriting: when payroll records, loan origination systems, tax filings, and bank statements tell different stories, who determines which version counts as verified truth? The piece frames this as an emerging operational burden,

Hans Michel/ / 2 min read