Refinancing helps lift June’s rate lock volume: Optimal Blue
Lenders were busy with rate-and-term refinancing in June
Alternative lending offers new pools for lenders to wade in
Both household names and niche players are wading into the non-QM pool
Use of cryptocurrencies for loan assessments: ‘What could possibly go wrong?’
Industry experts liken crypto to ‘poker chips’ and draw comparisons to the 2007 housing market crash
May mortgage activity underwhelms as affordability tightens: Optimal Blue
Rate-and-term refinances plunged 44.4% last month
Mortgage credit availability surges to levels not seen since 2022
Both conventional and government loan supply grew last month