Purchase lock counts drop to 9-year low

Led by purchase locks, origination activity dropped 19.4% in December, falling nine consecutive months, Black Knight data showed. Read More

Will mortgage rates fall if Fed cuts rates? You may get one last shot - USA TODAY

Anyone hoping for a lower mortgage rate will have to grab any chance they get in the coming weeks. $3,500 iPhone possible? What to know 📋 How to talk money 🤑 💸 to your 📩 ... Read More

Mortgage rate lock volume plummeted 20% in September as rates soared - HousingWire

Mortgage-rate-lock volume fell 20% in September, led by a combination of seasonal decline in purchase activity and rising interest rates, according to Optimal Blue’s Originations Market Monitor ... Read More

July Refinance Activity, Rate Lock Volume See Increases – NMP - National Mortgage Professional

Mortgage refinance demand increased to levels not seen since September 2022 amid softening interest rates, as reported by Optimal Blue in its July 2024 Market Advantage mortgage data report, released ... Read More

Falling Home Prices and Purchase Mortgage Locks Reveal a Stagnant Late-Spring Housing Market

PLANO, Texas, July 10, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its June 2024 Market Advantage mortgage data report, which revealed a stagnant late-spring housing market as home ... Read More

Mortgage Rate Lock Volume Surged 43% In March – NMP

Lock volumes increased across the board, with purchase locks increasing 44%, well above the 30% average February-to-March gain seen across the past five years. Cash-out refinances were up 31% and rate ... Read More

Should You Refinance Your Mortgage After the Fed’s Interest Rate Cut?

Now that the Fed has made its first big move in years to ... They had been as high as 7.79 percent 11 months ago. Rates have been volatile in recent years, ... If you have a fixed-rate mortgage, ... Read More