Ep. 188 | Rate Lock Volume Falls 11% in June

SUMMARY: Rate lock volume drops 11% in June and is now down over 40% thanks to refis falling off a cliff, residential real estate deals fell apart at the highest rate since April 2020 last month, and a new financial product is hoping to keep lumber prices from fluctuating so much… 

Sources:

• Rate Lock Volume Falls 11% in June
• Lumber Futures Are Getting a Makeover
• Home Sales Are Getting Canceled at the Highest Rate Since the Start of the Pandemic