Newswire 40 Jump In Rate And Term Refis Drives Overall Lock Growth As Purchase Activity Stalls
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Rate/Term Refis Surge Nearly 10% as Purchase Activity Steadies in MCT’s July Lock Volume Indices
MCT’s July Lock Volume Indices shows growth across all loan types, with rate/term refis up 9.89% and surprising market stability after a strong jobs report. I was concerned that there’d be a lot more ... Read More
Optimal Blue: Rate-and-term refis soar 70% in August
Borrowers rushed to refinance in August as mortgage rates eased, pushing rate-and-term refi lock volume up 70% from July, according to Optimal Blue’s Mortgage Market Advantage report released ... Read More
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