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Broker warns rate locks may be needed before potential Fed hike
loantrust.ai

Broker warns rate locks may be needed before potential Fed hike

Educational BREAKING — Mortgage Professional America reports that a broker named Shelton says the current Fed meeting has triggered more urgent conversations than any in the past two years, with the implication that borrowers may need to secure rate locks before a potential rate hike materializes. The specter of tightening monetary

Hans Michel/ / 2 min read
Laufey Signs With Interscope Records/ Verve Records (EXCLUSIVE)
humanbygod.com

Laufey Signs With Interscope Records/ Verve Records (EXCLUSIVE)

Educational Variety reports that two-time Grammy-winner Laufey has signed with Interscope Records and Verve Records, a dual-label arrangement that mirrors her straddling of pop and jazz worlds. The move caps six years of independent work that generated more than 7 billion global streams across three studio albums,

Hans Michel/ / 2 min read
Building the materials foundation for AI
humanbygod.com

Building the materials foundation for AI

Educational BREAKING — MIT Technology Review reports that the AI boom is becoming a materials challenge, with semiconductors and data centers approaching physical limits around performance, thermal management, electrical efficiency, and reliability. The infrastructure powering artificial intelligence is hitting constraints that algorithms alone cannot solve, forcing the industry to confront the

Hans Michel/ / 2 min read
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