Blend Labs, Inc. reported its Q1 2025 earnings Thursday, touting a turnaround as its financial losses narrowed, deal pipeline strengthened and it landed major clients while sharpening its focus to become “software-first.”
Reimagine the mortgage experience with unparalleled personalization, automation, and a connected, data-driven origination workflow. Rapid Refi supports lenders’ retention and recapture opportunities, driving higher conversions while minimizing loan unit cost economics.
Designed to be an Application-less experience
Inquiry to Intent-to-proceed in a single unified session
Refinancing activity is primed for a surge — but not the way we’ve seen in the
past.
It used to be that when rates dropped, demand would stay high for weeks or even
months. Lenders had time to scale up operations and ride the wave. Now, demand
comes in short, sharp bursts, triggered by even the slightest rate drops.
Take April 2025 for example. Mortgage rates briefly fell to 6.61%, their lowest