The MBA reports an uptick in overall mortgage application volume week-over-week, led by a 4% rise in home purchase applications, despite an 88% year-over-year drop-off in refinance activity.
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Refi Activity, Rate Locks Fall in February
Black Knight, Inc. announced the release of its latest Originations Market Monitor report, analyzing mortgage origination data through February. Leveraging daily rate lock data from Black Knight's Optimal ...
Read More »Mortgage Rates Reverse Course and Trend Downward
After a few weeks of increases, mortgage rates took a slight dive this week, falling to 3.05% as refis again picked up despite a downtick in overall mortgage app volume.
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