Optimal Blue, Plano, Texas, found “resilient” mortgage activity as purchase demand strengthened despite higher rates. Total rate-lock volume rose 13% month over month and 26% year over year.
Tag: Optimal Blue Mortgage Market Indices
Optimal Blue Reports Lock Volume Closes 2025 on Firm Footing
Mortgage rate-lock activity ended the year on a firm footing, bucking typical holiday-driven seasonality, according to Optimal Blue, Plano, Texas.
Refinances Surge Nearly 70%, Optimal Blue Reports
Optimal Blue, Plano, Texas, found a sharp split between purchase and refinance trends as seasonal factors and falling rates reshaped origination activity.
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: 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.