Items Tagged with 'refinance market'


  • MBA: Lender profits to hit negative numbers in Q1

    Refi market served as blanket for seasonality drops
    It’s no secret mortgage refinance volumes are falling, leaving lenders to make up for the loss through purchase mortgages. Profit margins are expected to go negative in the first quarter as the blanket that helped with seasonality drops is now being lifted.
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  • Refinance well drying up? Rising interest rates shrink pool of eligible borrowers, again

    New Black Knight report shows impact of another week of higher rates
    A recent report from Black Knight Financial Services showed that the pool of borrowers who had incentive to refinance shrank over the last several weeks as mortgage interest rates rose above 4%. Now, thanks to another increase in interest rates last week, the pool of borrowers with incentive to refinance is now even smaller.
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  • Five things we learned from the 2016 home-buying season

    And what it all means for 2017
    [EXPERT COMMENTARY] With vacations over and the holidays coming fast, home buying is beginning to slow down. So, given all of the predictions for 2016, let’s review the better part of the 2016 home-buying season and see what we’ve learned, with an eye toward 2017.
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  • Black Knight: Mortgage originations surge to highest level in three years

    Purchase demand booms as refinance demand disappoints
    The purchase market is booming, fueling the overall mortgage market and helping set the highest volume of first-lien mortgage originations in a single quarter since the second quarter of 2013. Black Knight Data and Analytics Executive Vice President Ben Graboske explains what spurred the growth, along with what's going on in today's mortgage credit box.
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  • MBA: Purchase applications surge to new high

    Highest level since October 2015
    Purchase applications took front and center in the latest report from the Mortgage Bankers Association, with applications reaching their second-highest level since May 2010. However, refinance applications weren't too far behind, reaching their highest level since February 2016.
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  • Guaranteed Rate never stopped pushing purchase loans

    Despite refis dropping, Guaranteed Rate maintains strong position
    Despite the market repositioning itself to be more purchase driven, Guaranteed Rate says it never stopped putting the time and resources into the purchase side, which has allowed them to stay ahead of the changes.
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