Black Knight Inc. has released its latest Originations Market Monitor report, looking at mortgage origination data through May month-end with daily rate lock data from Black Knight’s Optimal Blue PPE.
“At the start of May, it seemed mortgage interest rates would continue their upward climb and, indeed, rates did rise above 5.5 percent before pulling back some 20 basis points,” says Scott Happ, president of Optimal Blue, a division of Black Knight. “Ultimately, our