"With interest rates now at their highest level in 20 years, the refi market is rapidly approaching a bottom," said Scott Happ, President of Optimal Blue, a division of Black Knight.
Read More »Home >> Tag Archives: refiances
Low-Risk Home Lending Is “Paying Dividends”
A report finds out how today’s careful lending environment is leading to fewer foreclosures and creating a better mortgage market.
Read More »Purchase Originations, Refis in Freefall
New data shows that mortgage originations are in freefall. While both purchase loan originations and refinances took a hit, refis saw the steepest drop, decreasing 34 percent over the first quarter of the year. Purchase originations dipped 21 percent over the same period. The average credit score of borrower is also on the decline, which could dampen the market if the trend keeps up.
Read More »