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Trump posts new support for GSEs, lower mortgage rates
loantrust.ai

Trump posts new support for GSEs, lower mortgage rates

Educational BREAKING — National Mortgage News reports that new online ads from the Trump administration are promoting Fannie Mae and Freddie Mac as engines for boosting purchase applications, though observers remain uncertain whether this messaging hints at a future stock offering for the government-sponsored enterprises. The ads represent a visible,

Hans Michel/ / 2 min read
Rate lock volume falls as rate-and-term refis crater in August
loantrust.ai

Rate lock volume falls as rate-and-term refis crater in August

Educational BREAKING — Mortgage Professional America reports that rate lock volume fell in August as rate-and-term refinances collapsed, even as purchase loan activity remained above year-ago levels according to Optimal Blue data. The overall market is softening, but the divergence between purchase and refinance demand tells a clear

Hans Michel/ / 2 min read
Refinance demand slumps as higher rates weigh on mortgage activity
loantrust.ai

Refinance demand slumps as higher rates weigh on mortgage activity

Educational Scotsman Guide reports that refinance demand has softened as elevated rates continue to pressure overall mortgage activity, with Optimal Blue data showing total rate locks fell on a yearly basis in August. The pullback in refinances reflects the broader cooling effect of higher borrowing costs across the market, as

Hans Michel/ / 2 min read
Celine Gave the Reebok Freestyle Lo a Parisian Remix
humanbygod.com

Celine Gave the Reebok Freestyle Lo a Parisian Remix

Educational Hypebeast reports that Celine has reworked the 1982 Reebok Freestyle Lo into a luxury proposition, swapping the original materials for smooth lambskin and adding prominent co-branding throughout. The Michael Rider-designed release arrives September 10 in multiple colorways through Celine's website and select stores, with exclusive

Hans Michel/ / 2 min read