Announcement: Lock Desk

LoanStream Wholesale Lending Lock Desk Annoucement

Thursday, 4/9, Our Lock Desk will close at 10:00 AM PDT, and closed Friday, 4/10, for the Good Friday holiday. Normal hours resume on Monday, 4/13. There will be no rate sheet published on Friday.

Market Update, Friday, April 3, 2020

LoanStream Market Update

MBA, mortgage applications rose 15.3% last week, led by a 25.5% increase in refinances, while purchases were down -10.8%. Despite all the volatility in MBS prices, we have seen little movement in primary rates the past week as lenders struggle with full pipelines

Market Update, Thursday, April 2, 2020

LoanStream Market Update

MBA, mortgage applications rose 15.3% last week, led by a 25.5% increase in refinances, while purchases were down -10.8%. Despite all the volatility in MBS prices, we have seen little movement in primary rates the past week as lenders struggle with full pipelines

Market Update, Wednesday, April 1, 2020

Market Update Mortgage Finance, MBS

MBA, mortgage applications rose 15.3% last week, led by a 25.5% increase in refinances, while purchases were down -10.8%. Despite all the volatility in MBS prices, we have seen little movement in primary rates the past week as lenders struggle with full pipelines

Market Update, Tuesday, March 31, 2020

Market Update, Tuesday March 31st, 2020

Last week’s reduction in interest rates have fueled a flurry of lending activity. Mortgage applications for refinances jumped to an 11 year high with a whopping 55% increase in just a week’s period. On the purchase front, many experts such as Joel Kan, a renowned MBA economist, predicts that prospective buyers will continue