Estimated reading time: 0 minutes, 20 seconds

Purchase Loan Locks Leap as Interest Rates Soar

Home buyers have rushed to set their loan rates in stone given how quickly the broader interest-rate environment is shifting. That according to a new monthly report from Black Knight.

lock g58d3f56cf 640Purchase rate lock activity rose 31% in February and is up almost 70% over the past three months.

That was enough to drive overall rate lock volume up 19% on the month.

Learn more about the report from Black Knight.

Read 465 times
Rate this item
(0 votes)


PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.