New partnerships are slated to yield an AI-powered originations platform in one case and preferred mortgage rates and homebuying advice as an employee benefit in another.
“The risk,” said Mario Ichaso, a trading desk strategist at Wells Fargo, “is that stagflation becomes the common, more dominating view, and mortgage spreads could widen in that situation.”
"We may still see the 30-year dip back below 6%, but a refinance rally feels farther away than it did a month ago," said Eric Orenstein, a senior director at Fitch Ratings.