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Newswire: Rate-and-Term Refinances Surge 109% MoM in August as Mortgage Rates Decline

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Category: Send2Press NewsWire Distribution Service
PLANO, Texas, Sept. 10, 2024 (SEND2PRESS NEWSWIRE) -- Optimal Blue today released its August 2024 Market Advantage mortgage data report, which reveals an overall 1% rise in rate lock volume despite the typical seasonal slowdown in purchase lending. Lock volume growth was driven by a surge in refinance activity as homeowners reacted to declining mortgage rates.
Newswire: Rate-and-Term Refinances Surge 109% MoM in August as Mortgage Rates Decline


Posted: 2024-09-10 10:00:57

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newswire | rate | term | refinances | surge


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