Rate Locks Down Nearly 5% Overall in November

December 13, 2021 Kyle G. Horst

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The latest Originations Market Monitor from Black Knight Inc, shows a big slowdown in momentum in November as rate lock volumes fell across the board, driven by rate/term refinance originations dropping another 9.4% for a nearly 65% year-over-year decline. The report leverages daily rate lock data from Black Knight's Optimal Blue PPE subsidiary. "While 30-year rates ended November relatively flat from where they were ...

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Rate Locks Down Nearly 5% Overall in November

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