Tagged: Optimal Blue

Refinances rose to 26% of originations last month, though purchase activity is beginning typical seasonal decline

Originators finding more opportunities in investor-driven and self-employed borrower segments

Forms mortgage business unit aiming to become ‘the intelligence layer across the entire mortgage origination lifecycle’

More analysts, traders anticipate multiple rate cuts by the Federal Reserve Board to aid U.S. economy

As borrowers increasingly rely on government and non-conforming loans, the GSE market has shrunk dramatically

Sales optimism at a two-and-a-half-year peak reflects builders' belief that an administration change “will result in significant regulatory relief for the industry,” the NAHB Chair said.

Optimal Blue's September 2024 Market Advantage mortgage data report cited the FOMC rate cut as the main trigger for activity

Purchase locks sank 16% year over year, despite August being the most affordable month for home buying since February.

Optimal Blue's July 2024 Market Advantage mortgage data report shows a lift in mortgage activity as interest rates dip

Early-stage origination data show homebuying continues to stagnate, even as prices fall.