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 »Homebuyers Compromise Priorities, Persevere Through Challenging Market
American homebuyers persevered through high prices and fierce competition in 2021 and 2022, but few landed their dream home as 80% reported compromising on their priorities, according to ...
Read More »Despite Mortgage Rate Dropoff, Refis ‘Expected to Remain Depressed’
Mortgage application volume fell slightly week-over-week, even as rates fell sharply amid fears of a worsening economic outlook.
Read More »Rate/Term Refinances Down 90% YoY
Black Knight Inc., has released the latest iteration of its Originations Monitor Report for May 2022 which looks at declining mortgage production and rate locks despite a plateau in interest ...
Read More »Mortgage Rates Shift Slightly Upward
After falling incrementally over the past month, mortgage rates climbed yet remained below the 3% mark for the fifth consecutive week.
Read More »Mortgage Rates Shift Gears
For the first time in 10 weeks, mortgage rates have risen above the 3% mark, with forecasters projecting a gradual rise in rates to close out 2021.
Read More »Mortgage Lenders Remain Cautious on Profit Margins
A new survey finds mortgage lenders a bit more wary in their profit margin outlook, as purchase demand remains strong despite a reduction in refis.
Read More »Purchase Volume and Refis Tail Off
Even with rates bordering the 3% mark, both purchase applications and refi volume saw slight declines this week with the continued cloud of low inventory and high prices factoring into homebuyer’s decisions.
Read More »Refi-Seekers Impeded by Rising Rates
A new survey finds that mortgage apps dropped slightly over the past week, as the rise in rates are turning away would-be refis.
Read More »Of Mortgage Rates and Refis
The extended period of low mortgage rates is drawing to a close. See how the end of this trend is impacting refinance lenders and GSEs.
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