Optimal Blue, Plano, Texas, released its March 2025 Market Advantage mortgage data report, finding a 24% increase in rate lock volume, attributed to early spring buyers entering the market and homeowners refinancing with recent lower rates.
Tag: Optimal Blue
Industry Briefs, April 9, 2025
Industry news from Optimal Blue, Cotality, A&D Mortgage, Mr. Cooper and Dovenmuehle.
Industry Briefs, April 8, 2025
Industry news from Optimal Blue, Cotality, A&D Mortgage, Mr. Cooper and Dovenmuehle.
MBA Premier Member Editorial: Tech and AI Are Advancing, So What’s Next for Mortgage Pricing?
Today, conversations around mortgage pricing tend to focus on AI and modern technology, yet there was a time when everything was handled very differently – before the first product, pricing, and eligibility engine was even introduced, Optimal Blue’s Mike Vough writes.
Optimal Blue: February Sees Surge in Rate-and-Term Refinances
Optimal Blue, Plano, Texas, recorded a 7% month-over-month increase in mortgage lock volume in February, largely driven by strong refinance activity.
Industry Briefs, Feb. 24, 2025
Industry news from Dark Matter Technologies, PennyMac, Cornerstone Capital Bank, Optimal Blue, Click n’ Close and Citywide Home Mortgage.
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.
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.