Friday, March 29, 2024 | The Latest Buzz for the Appraisal Industry

Black Knight: ‘Sharp Divergence’ Between Purchases and Refis in March

The inaugural Originations Market Monitor report from Black Knight Inc. – a new monthly study that leverages daily rate-lock data from Black Knight’s Optimal Blue PPE to provide a view of origination activity – shows that while overall rate locks were up 2.5% for the March, there was a sharp divergence between purchase and refinance activity.

“Recent – and sharp – upward movements in interest rates have shifted the mortgage originations landscape very quickly,” says Black Knight

This post was originally published on this site

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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