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Rate lock volumes plunged in April as mortgage rates keep climbing

LifestyleVisuals/E+ via Getty Visuals Amid a quick enhance in long-term mortgage loan fees, price lock action dropped in April, reflecting dwelling affordability considerations, according to Black Knight’s Originations Market Check Report. Specially, price lock volumes slid 20% M/M in April, pushed by an additional sharp decrease of 50% in amount/term […]

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