As the mortgage market went haywire, rate locks fell by 11%

Jul 11, 2022 |

Just how bad was the mortgage market in June, when rates climbed north of 6%? Rate locks fell across all loan types last month, and were down 11% overall from May, according to Black Knight. The company’s monthly mortgage originations report also revealed that 82% of locks in June were purchases, the lowest share of […more]

Posted in: San Francisco

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