Optimal Blue's September 2024 Market Advantage mortgage data report cited the FOMC rate cut as the main trigger for activity
Tagged: Refinance
After weeks of increases, applications decreased 1.3% from a week earlier.
The firm lowered its expectations due to lackluster purchase volume
The wholesaler launches an AI-driven system, KEEP, that identifies borrowers in need of a refinance
Purchase locks sank 16% year over year, despite August being the most affordable month for home buying since February.
As mortgage rates tick down, refinances tick up
“I don’t think that we’re going to have the soft landing that people are predicting,” says Vishal Garg.
CoreLogic determines how many loans would be ripe for a refi if rates drop again
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.