Tag: Reports and Studies
MCT Reports a 3% Increase in Mortgage Lock Volume Backed by Increasing Refinance Activity
SAN DIEGO, Calif., Sept. 4, 2024 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 3.33% increase in mortgage lock volume compared to the previous month. Despite a larger increase in rate/term volume, total mortgage volume remains relatively flat.
Summer Slowdown Hits in July 2024 with 138 New Industrial Manufacturing Planned Industrial Projects
JACKSONVILLE BEACH, Fla., Aug. 13, 2024 (SEND2PRESS NEWSWIRE) -- Industrial SalesLeads announced today the July 2024 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 138 new projects as compared to 164 in June.
July Refinance Activity Hits Highest Levels Since September 2022
PLANO, Texas, Aug. 12, 2024 (SEND2PRESS NEWSWIRE) -- Optimal Blue today released its July 2024 Market Advantage mortgage data report, which revealed that mortgage refinance demand surged to levels not seen since September 2022 amid softening interest rates. The lower interest rates seen in July also coaxed increased purchase activity, which, combined with greater refi activity, drove a 3.5% month-over-month (MoM) increase in mortgage rate lock volumes.
MCT Reports a 6% Mortgage Lock Volume Decrease in Latest Report
SAN DIEGO, Calif., Aug. 2, 2024 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a decrease of 5.67% in mortgage lock volume compared to the previous month. Industry professionals and enthusiasts are invited to download the complete report for comprehensive insights into the market dynamics.
Restrictive Policies Contribute to California’s Low Construction Employment Ranking
SACRAMENTO, Calif., July 31, 2024 (SEND2PRESS NEWSWIRE) -- The construction unemployment rate in California stands at 3.9% through June 2024. While this marks a decrease in a year, a deeper review of the numbers shows that only 7 states have seen their unemployment rates improve slower than California, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by the Associated Builders and Contractors (ABC). "While the industry is pleased with a relatively low unemployment rate, we wonder how much lower it could be if we simply adopted policies consistent with the rest of the nation," said John Morris, President and CEO, ABC Northern California Chapter (ABC NorCal).
Federal funds fuel quarterly growth in U.S. down payment assistance programs, which now number 2,415
ATLANTA, Ga., July 23, 2024 (SEND2PRESS NEWSWIRE) -- Down Payment Resource (DPR), the housing industry authority on homebuyer assistance program data and solutions, today released its Q2 2024 Homeownership Program Index (HPI) report. The Q2 report saw the national homebuyer assistance programs increase by 42 to 2,415 - the highest count on record. Much of this quarter's increase in program count was due to local agencies pulling more heavily from federal funding to support homebuyer assistance.
LenderLogix Q2 2024 Homebuyer Intelligence Report Data Shows Home Buying Activity and Fees Collected by Fee Chaser Remain Steady Thus Far in 2024
BUFFALO, N.Y., July 16, 2024 (SEND2PRESS NEWSWIRE) -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced the latest release of the Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home buying process based on data collected by the LenderLogix suite of tools. The latest report covers data collected during the pre-approval and borrower application process during the second quarter (Q2) of 2024.
Falling Home Prices and Purchase Mortgage Locks Reveal a Stagnant Late-Spring Housing Market
PLANO, Texas, July 10, 2024 (SEND2PRESS NEWSWIRE) -- Optimal Blue today released its June 2024 Market Advantage mortgage data report, which revealed a stagnant late-spring housing market as home prices dropped for the first time in 2024 and purchase lock counts fell 8% over the previous year. All mortgage lock figures in this news release have been controlled for fewer market days in June.
Direct Mail Benchmark Report 2024 reveals 61% of marketers have increased direct mail investments in the last year
MINNEAPOLIS, Minn., July 9, 2024 (SEND2PRESS NEWSWIRE) -- New industry research commissioned by SeQuel Response and conducted by ISG Research shows 61% of marketers have increased direct mail investments in the last year, up 12% from 2023 data. The 2024 Direct Mail Marketing Benchmark Report provides an analysis of the current direct mail marketing landscape.
New Industrial Manufacturing Projects Third Month in a Row of Growth with 164 New Projects for June 2024
JACKSONVILLE BEACH, Fla., July 9, 2024 (SEND2PRESS NEWSWIRE) -- Industrial SalesLeads announced today the June 2024 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 164 new projects as compared to 147 in May and 110 in April.
Critical Defect Rate Declines Five Straight Quarters, Ending 2023 at 1.53%, Per ACES Mortgage QC Industry Trends Report
DENVER, Colo., June 20, 2024 (SEND2PRESS NEWSWIRE) -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its quarterly ACES Mortgage QC Industry Trends Report covering the fourth quarter (Q4) and calendar year (CY) of 2023. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software.
Mortgage Interest Rate Sensitivity Triggers 25% Spike in May Rate-and-Term Refinance Activity
PLANO, Texas, June 13, 2024 (SEND2PRESS NEWSWIRE) -- Optimal Blue today released its May 2024 Market Advantage mortgage data report, which revealed a 25.6% month-over-month (MoM) spike in rate-and-term mortgage refinances. The spike was a response to a modest drop in the Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming rate, which ended the month at 7.02%.
Kiosk Machine Industry June 2024: Self Service Kiosk Machine – InfoComm Preview and Acrelec Feature
WESTMINSTER, Colo., June 10, 2024 (SEND2PRESS NEWSWIRE) -- Kiosk Manufacturer Association News: See our Preview of InfoComm 2024 - See 22Miles, Peerless-AV, LG and Panasonic to name some. Biggest AV show of the year (along with ISE in Barcelona). We work with AVIXA as a main partner of ours.
MCT Reports A 7% Mortgage Lock Volume Increase In Latest Indices Report
SAN DIEGO, Calif., June 10, 2024 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today an increase of 6.78% in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.
May 2024 Makes a Comeback with 147 New Industrial Manufacturing Projects After a Steep Decline the Previous Month
JACKSONVILLE BEACH, Fla., June 7, 2024 (SEND2PRESS NEWSWIRE) -- Industrial SalesLeads announced today the May 2024 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 147 new projects as compared to 110 in April and 174 in March.
iEmergent’s 2024-2026 U.S. Mortgage Origination Forecast is now available in Mortgage MarketSmart
DES MOINES, Iowa, June 4, 2024 (SEND2PRESS NEWSWIRE) -- iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, today announced the availability of its 2024-2026 U.S. Mortgage Origination Forecast. Updated to reflect preliminary 2023 Home Mortgage Disclosure Act (HMDA) data released by the Federal Financial Institutions Examination Council in March, iEmergent's latest projections call for modest growth in purchase originations and a gradual increase in refinance loan units and dollars as a percentage of total originations.
66 New Food and Beverage Industry Planned Project Reports – Modest Decline in April 2024
JACKSONVILLE BEACH, Fla., May 16, 2024 (SEND2PRESS NEWSWIRE) -- Industrial SalesLeads announced today the March 2024 results for the new planned capital project spending report for the Food and Beverage industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 66 new projects as compared to 73 in March 2024.
Mortgage Purchase Lock Counts See First YoY Gain Since Fed Rate Hikes Began Two Years Ago
PLANO, Texas, May 13, 2024 (SEND2PRESS NEWSWIRE) -- Optimal Blue today released its April 2024 Originations Market Monitor report, which reveals the first year-over-year increase in purchase mortgage lock counts since the Federal Reserve initiated rate hikes in March 2022.
MCT Reports A 2% Lock Volume Increase Despite Rising Rates
SAN DIEGO, Calif., May 7, 2024 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today reported a 1.87% increase in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.
Decline in New Industrial Manufacturing Planned Industrial Projects in April 2024
JACKSONVILLE BEACH, Fla., May 7, 2024 (SEND2PRESS NEWSWIRE) -- Industrial SalesLeads announced today the April 2024 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 110 new projects as compared to 174 in March 2024.