Hi Chrisman Crew!
If you enjoy reading Rob Chrisman’s Blog as much as we do,
we know you’ll enjoy digging into some of our propriety data below.
According to Curinos, September 2021 mortgage rate-lock volume was down -18% YoY and -11% MoM across all channels, while funded volume decreased -4% YoY and was flat MoM. In the Retail channel, lock volume decreased -12% YoY and -11% MoM, while funded volume was down -4% YoY and flat MoM. The average 30-year conforming retail funded rate in September was 3.13%, -3bps lower than August and 6bps higher than the same month last year. Purchase rates were -1bps lower MoM and 11bps higher YoY, while Refinance rates were -4bps lower MoM and 2bps higher YoY. Curinos sources a statistically significant data set directly from lenders to produce these benchmark figures.
Jumbo Rate Trends
GSE Delivery Limits
Market Growth Trends
Refi Cycle Times