Optimal Blue, Plano, Texas, reported that refinance activity jumped year-over-year in January, by 20.1% for cash-out refinance lock volume and 21.7% for rate/term refinance.
Tag: Brennan O’Connell
Optimal Blue: YoY Mortgage Activity Increases Across All Loan Types
Optimal Blue’s latest Market Advantage report found year-over-year growth in mortgage activity, even as seasonal trends led to a month-over-month decline in rate lock volumes.
Optimal Blue: November Mortgage Lock Volume Down 25%
Optimal Blue, Plano, Texas, released its Market Advantage report, finding that overall rate lock volume fell 25% from the previous month, but was up 12% year-over-year.
Optimal Blue: October Mortgage Lock Data Shows ‘Resilience;’ ‘Cracks’ in Mortgage Market
Optimal Blue’s October Market Advantage report found strong purchase mortgage growth, though a shift away from conforming loans signals strained affordability.
Optimal Blue: Rate-and-Term Refinance Locks Up Significantly From 2023
Optimal Blue, Plano, Texas, released its September Market Advantage report, finding a spike in rate-and-term refinance activity.
Optimal Blue: Refinances Surge in August
Optimal Blue, Plano, Texas, released its Market Advantage mortgage data report for August, revealing a 1% rise in overall rate lock volume, but more significant movement on refinances.
Optimal Blue: Rate-and-Term Refis Jump in May
Optimal Blue, Plano, Texas, released its Market Advantage Mortgage Data Report for May, finding, among other metrics, an almost 26% increase in rate-and-term refinances in May.
Optimal Blue: April Originations Market Monitor Shows Rise in Lock Counts
Optimal Blue, Plano, Texas, released its April Originations Market Monitor report, which showed the first year-over-year increase in purchase mortgage lock counts since March 2022.
Optimal Blue: November Brings Long-Awaited Shift in Direction for Mortgage Rates
Optimal Blue, Plano, Texas, released its November Originations Market Monitor, with data showing a 10% drop in lock volume month over month.