DAILY MORTGAGE RATES  (May 29, 2024) — Powered by OBMMI™

30-Yr. Conforming

7.103% +0.111

30-Yr. Jumbo

7.294% +0.079

30-Yr. FHA

6.800% +0.058

30-Yr. VA

6.653% +0.065

30-Yr. USDA

6.846% +0.182

15-Yr. Conforming

6.417% +0.109


Blend Labs Integrates with the Optimal Blue Digital Marketplace

— Optimal Blue and Blend integrate to reduce friction for borrowers and benders —

Optimal Blue, architect and operator of the mortgage industry’s digital marketplace, announced today that the company has a partnered with Blend, a Silicon Valley technology company bringing mortgages into the modern age.

As a result of the partnership, lenders that utilize Blend and Optimal Blue technology will be able to seamlessly integrate pricing workflows into Blend, resulting in an end-to-end digital mortgage platform with a sleek user interface that significantly improves lender efficiency. The combination of these two industry-leading solutions will provide more transparent and streamlined mortgage application experiences built on robust data connectivity, empowering lenders to provide a more complete decision-ready application – faster than ever before.

“Optimal Blue is focused on developing technology that empowers lenders to make smart, accurate decisions while producing the best loan options for their borrowers,” said Optimal Blue CEO Scott Happ. “This partnership with Blend moves our mission forward by introducing our pricing workflow into an emerging platform with a modern interface.”

“At its core, Blend was built to propel the mortgage process into the digital age,” said Nima Ghamsari, CEO & co-founder of Blend. “We’re committed to providing the best customer experience and the most efficient path toward homeownership. Partnering with industry technology leaders like Optimal Blue makes that experience even better.”

Blend is a Silicon Valley technology company transforming the multi-trillion dollar home mortgage industry. Blend’s technology delivers speed and efficiency to lenders, so they can serve the modern borrower and safely navigate the industry’s changing rules and regulations. Founded in May 2012, Blend is backed by Peter Thiel, Andreessen Horowitz, Formation 8, Lightspeed, Max Levchin, Hans Morris, and other leading venture investors. To learn more, visit www.blend.com.


Robert J. Brandt
Vice President, Marketing & Strategic Alliances
(469) 609-5585