Rate Locks Fall in November as Rates Rise
Rising mortgage rates cast a shadow over the market and made November a tough month for mortgage activity, according to the latest data from Optimal Blue. Rate lock volume plunged 25%...
Lenders Lost $301 Per Loan On Average in 2022
Ouch. 2022 was not a good year, in fact, it was a bad year for lenders as the average loan was a money loser, according to a new report from the...
Ep. 135 | $4.4 Trillion Dollars in 2021!
SUMMARY: Loan originations hit a new record in 2021 at $4.4 trillion and home prices and rents rise to start March… Source Loan Originations Hit Record $4.4T in 2021 Rent & Home...
Loan Originations Hit Record $4.4T in 2021
2021 was a record year for loan originations just slightly eclipsing 2020, according to Black Knight’s January Mortgage Monitor report…(Black Knight) Total loan originations hit $4.4 trillion in 2021, just slightly...
Ep. 134 | Down Day But A Good Day
SUMMARY: Mortgage rates fall for the second week in a row, mortgage volume falls in the Q4 of 2021, and jobless claims fall more than expected… Source Mortgage Rates Fall Along With...
Mortgage Rates Fall Along With Volume
Mortgage rates fell for the second week in a row, according to Freddie Mac’s weekly survey…(Freddie Mac) 30-YR FIXED average rate fell 13 basis points to 3.76%, still up 74 basis...
Ep. 95 | Slow Down Continues
More evidence that the housing market is slowing down as total mortgage loans and volume fell quarter-over-quarter for the first time since 2020, Mortgage rates are mixed for the week, and...
Mortgage Levels Fall for the First Time in 2021
For the first-time in 2021, total mortgages and volume fell quarter-over-quarter, according to the latest data from ATTOM Data Solutions…(ATTOM) Total Loans: 3.59 million mortgages secured by residential property were originated...
