As mortgage interest rates crept back up in August after retreating the previous month, rate lock volume dipped to a four-year low. Total lock volumes were down 8.9% from July, led by a 13.9% decline in rate/term refinance locks, according to Black Knight’s originations market monitor report. Rate/term refi locks dropped 94.5% year over year. […more]
Posted in: San Francisco
Comments are closed.