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Tag Archives: Optimal Blue

Rate Lock Volumes Rise 43% in March

Rate lock dollar volumes jumped 43% month-over-month in March, driven by seasonal tailwinds, falling interest rates, and stronger purchase market performance, according to Black Knight.

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Borrowers Utilizing Rate Buydowns Trends Upward

According to new data from Optimal Blue, rate lock data showed moderate signs of an early-January rebound in purchase locks, while refis remain constrained despite a full percentage point rate decline since its October 2022 peak.

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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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