The Data & Analytics division of Black Knight has released its latest Mortgage Monitor Report, based upon the company’s mortgage performance, housing and public records datasets.

Fannie Mae recorded a net income of $4.0 billion in the third quarter of 2019, up from $2.9 billion in the prior quarter, the mortgage finance giant has announced.

Last month’s numbers for home sales came in lower than economists were anticipating amid a lack of affordable housing supply. So reports Reuters.

As the interest rate on a 30-year fixed-rate mortgage dropped for a ninth straight month in September, refinances climbed to account for nearly half of all loans. That’s according to Ellie Mae in its September Origination Insight Report.