Tag : Ellie Mae

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,......
Millennials' Refinance Activity Soars as Interest Rates Hit Historic Lows, According to the Latest Ellie Mae Millennial Tracker
Banking Fintech News

Millennial Refinance Activity Slows as Interest Rates Rise, According to the Latest Ellie Mae Millennial Tracker

Fintech News Desk
by Fintech News Desk0
The share of refinances closed by millennials decreased in November 2019 as interest rates on 30-year loans climbed. According to the latest Ellie Mae Millennial Tracker, 31% of loans closed by millennials in November were refinances, down 3% from the month prior. This marks the first month-over-month decrease for refinance share since May 2019.......
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