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Black Knight: Mortgage Rate-Lock Dollar Volume Jumped More Than 40 Percent

Black Knight: Mortgage Rate-Lock Dollar Volume Jumped More Than 40 Percent
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Black Knight : March 2023 Originations Market Monitor

Rate lock dollar volumes were up 43% month over month in March, driven by seasonal tailwinds, falling interest rates and stronger purchase market performance . | April 10, 2023

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Black Knight Originations Market Monitor: Rate Locks Hit Record Low For Second Consecutive Month; Rate and Affordability Pressures Amplify Seasonal Downturn

Rate lock volumes declined by 19.4% in December as elevated mortgage rates kept buyers, sellers and refi candidates on the sidelines Purchase locks fell 20.5%,.

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Black Knight Originations Market Monitor: Purchase Locks Fall 22% in November Despite Lower Rates; Seasonal Slowdown Amplified by Affordability, Inventory Pressures

The Optimal Blue Mortgage Market Indices from Black Knight showed 30-year rates fell 48 basis points in the month to finish November at 6.58%; but still 3.3.

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Black Knight Originations Market Monitor: Credit Scores Fall, Increased Demand for ARMs, Affordability Challenges Continue as Interest Rates Top 7% in October

- Optimal Blue Mortgage Market Indices from Black Knight tracked 30-year rates as they rose 34 basis points (BPS) overall throughout the month to finish.

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