Originations

But the sluggish pace of refinances brought down overall application numbers last week.

Averages rose sharply across the board, as investors focus on the central bank's response to ongoing economic and geopolitical developments.

The company claims its digital registry system is a faster, safer alternative to MERS databases

Executives speak on the uncertainty created by the Russia-Ukraine war and Federal Reserve announcements.

Purchase lending grew despite headwinds in mortgage rates and rising home values.

In addition to the Russia-Ukraine conflict, persistent inflationary pressures and expected monetary policy moves are contributing to volatility.

The $1.7 trillion in purchase lending for the year is the most ever recorded according to Black Knight’s January Mortgage Monitor Report.

The effect of the conflict and upcoming Fed announcements have left much of the industry guessing about what happens next.

The Mortgage Bankers Association now predicts slightly more purchases even with higher rates, but the Ukraine situation could change that.

Strong economic data was countered by international political developments, sending the 30-year rate lower for the first time in a month.