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What a difference a year makes. While the mortgage industry has been purchase loan-heavy for several years now, it could finally be starting to shift. A new report from Optimal Blue revealed that rate and term refinance volume increased…
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It’s been a pretty good year so far for mortgage rates, which topped out at around 8% last year. The 30-year fixed is now priced about one full percentage point below its year ago levels, per Freddie Mac. And when you consider the high of…
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I’ve said for a while that the mortgage recapture game was going to ramp up and get more aggressive. Customer retention has always been a big thing in every industry, but thanks to new technology and “AI,” companies are getting better at…
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