Optimal Blue shows February locks rose 9% MoM and nearly 40% YoY as the OBMMI 30-year rate was at 5.90% and the refi share fell to 41%.
Lock volume rises 9% month over month and nearly 40% year over year as lower rates draw borrowers back into the market - ...
The report found that mortgage rates rose in July across all loan types, with the Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming fixed rate up 5 bps to 6.72%. FHA, VA and jumbo rates ...
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