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Meanwhile, refinance lock volume surged even as 30-year conforming rates through the Optimal Blue Mortgage Market Indices (OBMMI) ticked above 7% for the first time since May.
Scott Smith, the interim CEO of Optimal Blue and co-president of Romulus portfolio at Perseus Group of Constellation Software, shares the long-term vision with HousingWire in this Q&A.
The year started out with an increase in mortgage activity, according to Optimal Blue's Originations Market Monitor report. “The new year kicked off with continued rate relief and a 36% ...