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Black Knight Originations Market Monitor: Mortgage Production Down for Third Straight Month in June, With Declines in Rate Locks Across All Loan Purposes

Black Knight s Optimal Blue Mortgage Market Indices tracked 30-year rates as they crossed 6% in mid-June before pulling back to finish the month at 5.79%, a.

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As Rates Surged, Demand for Mortgages Dwindled Every Month in Q2

Rising rates took their toll not only on refinancing but on homebuyer demand for purchase loans in June, according to an analysis of rate lock data.

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Homebuyers Are Beginning To Seek Smaller Mortgages: MBA Survey

As demand picks up for government loans favored by entry-level buyers, the average purchase mortgage request has shrunk by 10 percent, to $413,500.

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Homebuyer Demand Rebounds as Mortgage Rates Retreat from 2022 Peak

Purchase mortgage applications are still down 10 percent from a year ago, with mortgage rates nearly doubling in the last 12 months.

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Fed s Biggest Rate Hike In 28 Years Might Not Further Impact Mortgages

After bond market sell-off Friday and Monday, investors take Fed's 75 basis-point rate hike in stride.

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