Browsing: Mortgage

The average 30-year fixed mortgage rate in the U.S. was 7.32% as of Oct. 22. Rates remain persistently high, frustrating buyers. But not everyone is stuck with unfavorable financing terms. Half of all outstanding mortgages have a rate below 4.00%, and some have ultra-low rates they secured during COVID that make their financing costs almost…

Canadian-based Pineapple Financial Inc.announced that it has rebranded as Pentiv and has launched an intelligence platform aimed at U.S. mortgage brokerages, part of its shift to an asset-light, platform-driven operating model focused on commercializing its technology beyond its existing brokerage network.