Thursday, March 28, 2024 | The Latest Buzz for the Appraisal Industry

Refinance Share Increased to 52% in August

The refinance share of mortgage origination volume in August increased to 52%, up from 49% in July but down from 56% in August 2020, according to ICE Mortgage Technologies’ Origination Insight Report.

The average time to close a mortgage (all loans) decreased to 46 days, down from 48 days in July.

The average time to close a refinance decreased to 43 days, down from 47 days the month prior.

The average time to close

This post was originally published on this site

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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