Flying The Web For News.
  • Happy Holidays
    Happy Holidays
  • Career Exam Study
    Career Exam Study
  • 2024 Presidential Election
    2024 Presidential Election
  • E-commerce Guide
    E-commerce Guide
  • Dropshipping Guide
    Dropshipping Guide
  • Microsoft Exam
    Microsoft Exam
  • IT Career News
    IT Career News
+ Larger Font | - Smaller Font
Share

Send2Press NewsWire Distribution Service

Newswire: October Mortgage Lock Data Shows Resilience and Cracks in the Mortgage Market as Interest Rates Tick up 65 Basis Points

Details
Category: Send2Press NewsWire Distribution Service
PLANO, Texas, Nov. 12, 2024 (SEND2PRESS NEWSWIRE) -- Optimal Blue today released its October 2024 Market Advantage mortgage data report, highlighting resilient purchase activity in the face of rising interest rates and affordability challenges. Despite a 65-basis-point (bps) increase in the Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming rate, purchase lock volume grew by 12% month over month (MoM), signaling strong demand among homebuyers.
Newswire: October Mortgage Lock Data Shows Resilience and Cracks in the Mortgage Market as Interest Rates Tick up 65 Basis Points


Posted: 2024-11-12 11:00:36

Get Full News Story On Send2Press Press Release Service



Listen to this article. Speaker link opens in a new window.
Text To Speech BETA Test Version.

Tags

mortgage | newswire | october | lock | data


Related News Stories From The Web And More

Related Bing News Search Results

Newswire: October Mortgage Lock Data Shows Resilience and Cracks in the Mortgage Market as Interest Rates Tick up 65 Basis Points - Newscast

MCT Reports a 15% Decrease in Mortgage Lock Volume Amid Higher Rates

Tue, 10 Dec 2024 16:00:00 GMT Dec. 11, 2024 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, has announced a 15.12% decrease in mortgage lock ...

MCT Reports a 15% Decrease in Mortgage Lock Volume Amid Higher Rates

Tue, 10 Dec 2024 16:00:00 GMT Dec. 11, 2024 (SEND2PRESS NEWSWIRE ... mortgage capital markets technology, has announced a 15.12% decrease in mortgage lock volume compared to the previous month. The data, reflecting ...

Mortgage Lock Activity Fell in November as Interest Rates Hit Their Highest Levels Since July

Mon, 09 Dec 2024 16:00:00 GMT 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its November 2024 Market Advantage mortgage data report, highlighting a 25% decrease in month-over-month (MoM) lock volume as interest ...





Blow Us A Whistle