Purchase locks sank 16% year over year, despite August being the most affordable month for home buying since February.
Tagged: Optimal Blue
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.
Joe Tyrrell brings 25-plus years experience to the capital markets platform
Optimal Blue's March 2024 Originations Market Monitor report saw steady rate-lock volume growth.
Holtz most recently served as vice president of demand marketing and communications for ICE Mortgage Technology.
January originations report reveals promising trends with increased lock volume, rate relief, and market stabilization indicators.
Despite a 10% drop in lock volume, low rates drive refinance to highest level since February; credit scores and loan amounts see changes.
Optimal Blue Mortgage Market Indices report reveals significant increases, alters borrowing trends.
September sees 20% drop in rate lock volumes, marking a four-month downward trend, amidst rising interest rates and seasonal purchase fluctuations.