Purchase 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.
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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.
Purchase 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.