Refis Reduced to 45% of Total Volume

November 8, 2021 Kyle G. Horst

The latest data from Optimal Blue’s daily interest rate tracker found interest rates for a 30-year mortgage by the end of October increased 6 basis points to 3.27%, which now totals a 30 basis point increase over the last three months.  This data, which comes from a new report from Black Knight Inc., also showed that as a result of rising interest rates, rate/term refinance activity ...

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