Buyers rush to lock mortgages as rates move fast and furious

Despite seeing the fastest one-month 30-year mortgage rate rise in nearly 13 years, an increase in purchase lock volume was “likely as prospective buyers moved to lock in their loans before rates climbed any higher,” Scott Happ, president of Black Knight’s Optimal Blue division, said in a statement. 

The post Buyers rush to lock mortgages as rates move fast and furious appeared first on HousingWire.

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