Optimal Blue: Refinance Activity Surges in January

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.

MCT: 3.33% Increase in August Rate Lock Volume

Mortgage Capital Trading, San Diego, reported an increase of 3.33% in mortgage lock volume from July to August in its MCT September Indices Report.