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Tag Archives: cash-out refis

Cash-Out Refis Could Trap Many Borrowers

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.

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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 ...

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Rate Locks Down 35% Year-Over-Year

mortgage rates

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 ...

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