Rate Locks Rose In January, But The Good News May Not Last

Rate Locks Rose In January, But The Good News May Not Last

Rate lock volumes increased across the board in January, finally breaking a nine-month downward streak, as buyers began stepping out before the spring season. Lock volumes rose 32% last month, according to Black Knight’s Originations Market Report. “Mortgage rates declined in January, continuing a trend that began in early November 2022. Conforming rates dropped 36…

End of content

End of content