Rate movement, lock strategy, and the data releases that move pricing. Original LoanOfficer.ai summaries of publicly reported stories, each naming and linking
Rate movement, lock strategy, and the data releases that move pricing.
Rate volatility keeps lock desks cautious heading into the fall — Mortgage rate coverage this month has centered on how quickly pricing has swung around economic data releases, with lenders reporting wider intraday reprice activity than the same period last year. Secondary desks are responding with shorter free float windows and tighter extension policies. (Mortgage Bankers Association)