The latest Mortgage Monitor Report published by Black Knight revealed that, even amid typical seasonal downturns, rate lock volumes declined to record lows in year-end data.
Read More »Mortgage Monitor: Prices Offset by Stagnant Levels of Inventory
“We’ve now seen four consecutive months of home price pullbacks at the national level,” said Ben Graboske, President of Black Knight’s Data and Analytics Division.
Read More »Refinance Levels Hit Lows Last Seen in 2019
"With interest rates now at their highest level in 20 years, the refi market is rapidly approaching a bottom," said Scott Happ, President of Optimal Blue, a division of Black Knight.
Read More »Median Home Prices Continue Four-Month Decline
Despite ongoing price corrections, home values in the top 50 metropolitan markets remain elevated up to 66% since the start of the pandemic.
Read More »Scalable Technology Can Help Non-Bank Lenders Gain Market Share
Fitch Ratings expects that most issuers should be able to withstand current market conditions and potentially gain market share through scalable technology platforms, diversification, balance sheet strength, and access to liquid capital, all of which should afford them the flexibility to mitigate operational losses.
Read More »Ninety Percent of Liens Have an Interest Rate Below 5%
New data from Black Knight, Inc. has found that most mortgages have a rate below 5%, which reflects current drops in refinance activity, as well as cash-out and rate/term locks.
Read More »Housing Inventory Holds Steady, Yet 600,000 Units Short
After posting gains this summer, for-sale inventory levels stalled in August growing at a fraction of the rate seen in recent months as sellers are more frequently choosing ...
Read More »Lock Volume Plummets Nationwide on Rising Rates
Black Knight, Inc. has announced the release of its latest Originations Market Monitor report, looking at mortgage origination data through August month-end. Leveraging daily rate lock data from the Black Knight Optimal ...
Read More »Home Price Growth Decelerates Sharply
The latest report from Black Knight did not carry good news as the company’s latest monthly Mortgage Monitor Report covering the month of June found that annual home ...
Read More »Report: Majority of Markets Experiencing Monthly Price Deceleration
Data showed that price growth had slowed in 97 of the top-performing 100 markets amid an environment of rising rates, and reflected the largest month-to-month price growth deceleration since 2006.
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