Refi Activity Surges, Joel Kan Discusses the MBA Application Survey Index | September 2024 Data

Welcome to this month’s episode of Market Advantage from Optimal Blue, where we analyze mortgage lock data from September 2024 and feature an interview with Joel Kan, deputy chief economist at the Mortgage Bankers Association.Key Takeaways:September rate lock activity: The month saw a significant surge in refinance volume.MBA Application Survey Index: Joel Kan explains why it serves as a key indicator for understanding mortgage market dynamics.Affordability remains a key market topic: First-time homebuyers are increasingly pursuing new construction.Tune in to gain valuable insights and actionable advice to help you stay ahead in the mortgage industry.#OptimizeYourAdvantage #MaximizeProfitabilityHosts:Olivia DeLancey & Brennan O’ConnellProduction Team:Executive Producer: Sara HoltzProducer: Matt GilhoolyResources:Market Advantage data report | September 2024Subscribe to the Market Advantage mortgage data report: https://www2.optimalblue.com/market-advantage/Follow Optimal Blue on LinkedIn: https://www.linkedin.com/company/optimal-blue/The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Optimal Blue, LLC.