Rate Lock Volume Falls 10% in September

October 11, 2021 Kyle G. Horst

Rising interest rates are already creating ripples in the housing market as rate lock volume fell throughout the month of September according to Black Knight’s latest originations report.  “According to our OBMMI daily interest rate tracker, interest rates rose throughout much of September, with the average conforming 30-year offering climbing 16 basis points to hit 3.2% by month’s end,” said Black ...

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