Ice launches transaction-based indices for residential mortgage interest rates

Atlanta & new york--(business wire)--intercontinental exchange, inc. (nyse: ice), a leading global provider of data, technology and market infrastructure, today announced the launch of a suite of u.s. residential mortgage locked rate indices. the new indices will be calculated daily and will track the average interest rate of new residential home loan applications processed by ice mortgage technology. existing mortgage rate indices are often survey-based and can quickly become outdated. by usin
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