comparemela.com

Latest Breaking News On - Scott happ - Page 9 : comparemela.com

As the mortgage market went haywire, rate locks fell by 11%

As the mortgage market went haywire, rate locks fell by 11%
housingwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from housingwire.com Daily Mail and Mail on Sunday newspapers.

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.

Mortgage loan rate lock activity slips in May

While rate and term refinancings had the largest drop in volume, credit scores for cash-outs are 33 points lower than one year prior, indicating that these borrowers need financial liquidity, a Black Knight report found.

About 82% of origination comes from purchase mortgages

A drop in refinance activity for rate-term refis and cash-outs meant purchase locks accounted for 82% of all rate locks in May.

Black Knight Reports Mortgage Production Fell in May

Black Knight Reports Mortgage Production Fell in May
mortgageorb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgageorb.com Daily Mail and Mail on Sunday newspapers.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.