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

Lock in a mortgage rate after the Fed cuts? This might be your last chance - Yahoo Finance

The 30-year fixed-rate mortgage averaged 6.20% at that time, according to Freddie Mac data. This week, it's at 6.79%. What will mortgage rates do post-election? Read More

Why you should lock in a mortgage rate today - CBS News

If the Fed continues to see inflation drop, then they may pause any additional rate hikes after July (a June pause in increases just passed). And rates could even start to fall toward the end of ... 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

Mortgage payments have soared 85% in just three years thanks to Fed rate hikes

During the summer of 2021, at the peak of the housing market boom, rates for a 30-year fixed-rate mortgage hovered around an ultra-low 2.8%. As of Thursday, the average rate has more than doubled ... Read More

Lock in a mortgage rate after the Fed cuts? This might be your last chance - MSN

Anyone hoping for a lower mortgage rate will have to grab any chance they get in the coming weeks. This might be your last chance Story by Andrea Riquier, USA TODAY ... Read More