Purchase loan demand was up 11 percent last week, with "surprisingly strong" demand from conventional loan borrowers given lingering economic uncertainty, MBA economist Mike Fratantoni says.

Industry veteran Vija Williams has left award-winning proptech platform Place for Cheplak Live. In her new position, Williams will focus on delivering high-level coaching to team leaders and broker-owners.

U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.

Gold settled 1.4% lower, down two of the past three sessions, and silver fell 2.5%, down three of the past four sessions.

Panic fueling the selloff of Nvidia, Broadcom and other tech giants is overblown.