Optimal Blue Reports Purchase Demand Rebounding

Optimal Blue, Plano, Texas, found a “meaningful improvement” in lock activity in February as lower mortgage rates helped bring purchase borrowers back into the market.

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.