According to a new ATTOM report, mortgage lending declined to its lowest point in nearly nine years in Q4 2022, while purchase loans decreased an estimated 26%.
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 »Redfin Acquires Bay Equity Home Loans
Under terms of the $137.8 million deal, Redfin will wind down its Redfin Mortgage business, and Bay Equity will continue to operate under its own name with current leadership.
Read More »Lower Refinance Activity Drives Down Mortgage Application Levels
An economist also noted that “homebuyers in early 2021 continue to seek newer, larger homes.”
Read More »Refinances Fuel Spike in Mortgage Applications
The Refinance Index was 93% higher year-over-year. Click here to learn more about the latest data.
Read More »More Millennials Opting to Refinance Their Mortgages
The latest data reveals how much the refinance share of millennial mortgage activity has increased year-over-year. Click through for that and further insights.
Read More »2020 Originations on Track for $4 Trillion Mark
Third-quarter mortgage origination activity is on track to break quarterly records for purchase, refinance, and total lending volumes while pushing 2020 originations to the $4 trillion threshold, according ...
Read More »Refinances Closing the Gap on Purchases
Ellie Mae’s latest origination report found that the share of loans closed for the month is nearly 50-50 between refinances and purchases.
Read More »Homebuyers: Shopping Around for Savings
Here’s how homebuyers looking for sweet deals on their mortgage could save more, even in a low-rate environment, according to a study.
Read More »Mortgage Loans Closing Faster
One factor in particular might be helping lenders reduce their closing time on loans. But what is ensuring that the closing rates remain high?
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