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%...
Rate Lock Volume Falls in October Thanks to Rising Rates
Overall rate lock volume took a slight hit in October, as reflected in the latest Optimal Blue Mortgage Market Indices report. Driving The Drop: The rate lock volume dip can largely...
Rate Lock Volume Jumps 43% in March
The spring buying season has officially begun as rate lock volume skyrocket in March, according to the March Black Knight Originations Market Monitor Report. Break It Down. Purchase demand saw the...
Mortgage Demand Jumps To Start 2023
After nine months of declines, rate lock volume skyrocketed to start 2023, according to the Black Knight’s latest Originations Market Monitor report. Breaking It Down. Purchase locks were up 32% from...
Rate Lock Volume Falls Double Digits To End 2022
Rate lock volume ended 2022 with the ninth consecutive month-over-month drop, according to the Black Knight Originations Market Monitor report. Purchases On Top. Purchases were 84% of the origination market as...
Rate Lock Volume Falls Over 21% in November
Rate lock volume fell for the 8th straight month with total volume falling 21.5% in November, according to the Black Knight Mortgage Monitor report. More Than Half. As you can see...
Ep. 222 | Rate Locks Fall Double Digits
SUMMARY: Rate locks fall double digits in September thanks to mortgage rates skyrocketing, inventory leveled off after three weeks of gains, and another great piece from the New York Times on the...
Rate Locks Fall 10% in September
As rates skyrocketed in September, rate locks plummeted by almost double digits, according to Black Knight’s latest Originations Market Monitor report. M-O-M: Overall rate lock volume was down 9.9% from August,...
Ep. 211 | Inventory Levels Fall For 2nd Week
SUMMARY: Despite predictions of inventory armageddon housing inventory levels have now fallen for the second week in a row according to Altos Research, rate lock volume plummets in August and is now...
