The American Enterprise Institute and Center for Responsible Lending are jointly warning borrowers that cash-out refinances may worsen their financial stability for years to come by shouldering monthly payments that are significantly higher.
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 »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 »Following the Growth of Home Prices, Tappable Equity Grows Too
According to a new report, the market holds $10 trillion in tappable equity, up 35% from last year.
Read More »Rate Locks Down 35% Year-Over-Year
The latest Originations Market Monitor from Black Knight Inc, shows another big slowdown in momentum in December as rate lock volumes fell across the board, driven by a 22.5% drop in purchase loan locks. The report leverages daily rate ...
Read More »Rate Locks Down Nearly 5% Overall in November
The latest Originations Market Monitor from Black Knight Inc, shows a big slowdown in momentum in November as rate lock volumes fell across the board, driven by rate/term refinance originations dropping ...
Read More »GSE Mortgage Volume Increases 132% YoY
Q4 mortgage demand remained strong, as the volume for GSE acquisitions increased considerably year-over-year.
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