Black Knight says locks remain suppressed by high rates, lack of inventory.
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Tagged: Mortgage Rate Locks
May Rate Locks See Modest Rise
Tightening Credit Adds To Housing Affordability Struggles
Black Knight report says rates remain elevated, and worsening inventory shortages prop up home prices.
Jun 05, 2023
Mortgage Rate Lock Volume Surged 43% In March
'This continues to be an incredibly rate-sensitive housing market.'
Apr 10, 2023
Jumbo Loans Drive Increase In Mortgage Dollar Volume In February
Black Knight data shows nonconforming loans helped overcome rate lock drop.
Mortgage Rate Lock Volume Fell in February
Overall activity fell 15% from January, and is down 54% from a year earlier.
Mar 08, 2023
Black Knight: Rate Lock Volume Rises In January
Increase was first since March 2022, ending nine consecutive months of declines.
Feb 13, 2023
MCT: Rate Lock Volume Jumps 109% In January
Volume increased across the board, lead by rate/term refis rising 124%.
Feb 03, 2023
Rate Locks Hit Record Low For 2nd Straight Month
Both Black Knight’s OMM report and MCTlive! Lock volume indices show a 90% decline in YOY volume.
Jan 06, 2023
November Mortgage Rate Lock Volume Fell 61% YOY
The volume of both rate/term and cash-out refi locks was down more than 86% YOY.
Dec 05, 2022
Black Knight: Rate Lock Volumes Fell 14% In October
Rate lock volume is now down are now down 30% over the past three months and 61% YOY.
Nov 14, 2022