Artificial intelligence is often framed as a labor story. Which jobs will it eliminate? How quickly will it scale? Will entire industries be rewritten overnight? That framing overlooks a more immediate and measurable constraint: cost. Not theoretical cost curves or long-term efficiencies, but the real, present-day economics of compute, capital and land. Right now, AI…
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Many prospective homebuyers are sitting on the sidelines unnecessarily because they overestimate the credit scores, down payments and rate conditions needed to qualify for a mortgage, according to survey data released Monday by Veterans United Home Loans. The online survey, conducted in March 2026 by research firm Sparketing on behalf of Veterans United, polled 400…
A revised proposal from UWM Holdings Corporation to acquire Two Harbors Investment Corp. was formally rejected by the seller’s board of directors, citing “financing, closing, business and credibility risks.” The board continues to unanimously support the competing bid from CrossCountry Mortgage, LLC. In late April, UWM intensified its campaign to acquire TWO by issuing an…
Chase Home Lending is offering a limited-time mortgage rate promotion for homebuyers and homeowners nationwide, with discounted rates available from May 4-17, the company announced Monday. The promotion applies to new home purchase loans as well as rate-and-term and cash-out refinances through Chase Home Lending. Eligible borrowers can receive personalized interest rate discounts designed to…