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 »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 »Adjustable-Rate Mortgages Hit Recent High
Black Knight Inc., has released the latest iteration of its Mortgage Monitor Report for March 2022 which looks at mounting affordability pressures resulting from the competing dynamics of ...
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 »Refis Reduced to 45% of Total Volume
The latest data from Optimal Blue’s daily interest rate tracker found interest rates for a 30-year mortgage by the end of October increased 6 basis points to 3.27%, which now totals a 30 ...
Read More »It’s Time to Lock Down Your Lock Desk Operations
Given the current market, lenders looking to operate with maximum efficiency should take a page from the ancient practice of locksmithing.
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