Scotsman Guide > News > April 2018 > News Story

 Enter your e-mail address and password below.


Forgot your password? New User? Register Now.

News Archives

Subscribe icon Subscribe to our weekly e-newsletter, Top News.

Ellie Mae: Refinancing waned in March

There was a notable decline in refinance activity in March in terms of the overall mortgage-market share, Ellie Mae reported.

Refinances represented just 38 percent of all loans closed, which was down by five percentage points compared to the February level. Purchase loans represented 62 percent of the market, Ellie said.

This came as the 30-year fixed rate rose to an average of 4.69 percent in March, more than four-year high.

“With interest rates rising to the highest levels since January 2014, we’re seeing the purchase market continue to gain momentum,” said Jonathan Corr, president and chief executive officer of Ellie Mae.

The credit quality of loans passing through Ellie’s origination platform also generally improved in March.

FICO scores increased slightly, to 722. The debt-to-income levels for borrowers decreased. The average loan-to-value rose slightly, however.  


Questions? Contact at (425) 984-6017 or

Bubble 2 Comments

By submitting this comment, you agree to comply with our Terms of Use.

  1. Posted: Nov 26, 2018  1:56 ET
    By: Ashwin kumar | ashwin pvt/ltd
    1. 0

Everyone wants to know for their windows 10 wireless setting how do i fix connections for bluetooth audio devices and wireless displays in windows 10 ? fix windows 10 connections and everytime am sharing this Online tutorial to them and tell them to Join for free and get all related information Online. Thank you so much to this web post.


  1. Posted: Jan 27, 2019  9:33 ET
    By: Jensen Neon | sfto
    1. 0

I suggest you go with the market because the rates are not stable every time. You content best dissertation review for this purpose and talk with them about it.


The text exceeds the maximum number of characters allowed.

Are you sure you want to permanently delete this blog comment? This action cannot be reversed.

You must enable your community profile to use this feature.

Cancel Enable profile

You have flagged this post for inappropriate content.

Please explain below. Thank you.

Cancel Submit

Get the latest news and articles from Scotsman Guide straight to your inbox.

Send me the following e-mails:

Learn more about Scotsman Guide e-mails

Thank you for signing up to receive e-mails from Scotsman Guide.

A confirmation e-mail has been sent to the address you provided.

For questions regarding your e-mail subscriptions please contact or call (800) 297-6061.

Fins A Lender Post a Loan
Residential Find a Lender Commercial Find a Lender
Follow Us:Visit Scotsman Guide Facebook pageVisit Scotsman Guide LinkedIn pageVisit Scotsman Guide Twitter page


© 2019 Scotsman Guide Media. All Rights Reserved.  Terms of Use  |  Privacy Policy