Friday, March 29, 2024 | The Latest Buzz for the Appraisal Industry

ICE Introduces U.S. Residential Mortgage Rate Lock Index Futures

Intercontinental Exchange Inc. is launching its first mortgage futures contracts on June 13, 2022, subject to regulatory approval. The two futures contracts will be cash-settled and based on the ICE U.S. Conforming 30-year Fixed Mortgage Rate Lock Index and the ICE U.S. Jumbo 30-year Fixed Mortgage Rate Lock Index.

The indices are published daily and track U.S. residential mortgage loan applications where borrowers and lenders have committed to lock-in the interest rate prior to

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Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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