"Şubat 13, 2025" Arşivleri

Arşiv Sayfaları

Optimal Blue: Mortgage refinances jump despite higher rates

Loan locks for refinances rose more than 20% year over year while purchase lock counts saw a 6% decrease, according to Optimal Blue‘s January 2025 Market Advantage mortgage data report released Thursday. Purchase lock volume climbed 16% from December, but year-over-year counts – which control for home-price appreciation – were down 6%. That marked the…

Mortgage quality control report reveals sharp rise in insurance defects

The overall defect rate for mortgages declined across all loan types between the second and third quarters of 2024. But errors related specifically to insurance increased significantly, growing to 3.03% of all defects, according to a report released Thursday by ACES Quality Management. ACES releases a quarterly report that uses post-closing quality control data that’s…

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