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Refinance Activity Declines for Second Consecutive Month, According to the Latest Ellie Mae Millennial Tracker
Business Fintech News

Refinance Activity Declines for Second Consecutive Month, According to the Latest Ellie Mae Millennial Tracker

Fintech News Desk
by Fintech News Desk0
In December 2019, refinance share – the percent of all loans closed during the month that were refinances – among millennials dropped for the second straight month as interest rates rose yet again. According to the latest Ellie Mae Millennial Tracker, 27% of all loans closed by millennials in December were refinances,......
Ellie Mae Announces Virtual Experience 2020
Banking News

2019 Concludes With Interest Rates And Purchase Percentages On The Rise According To December Ellie Mae Origination Insight Report

Fintech News Desk
by Fintech News Desk0
According to the December Origination Insight Report from Ellie Mae, the leading cloud-based platform provider for the mortgage finance industry, interest rates rose again in December to 3.99 percent, up from 3.97 percent in November and the 2019 low of 3.93 percent in September. This is coupled with the increase in purchase loans,......
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