Press Releases

October Origination Insight Report from Ellie Mae Shows Percentage of Refinances Ticks Slightly Higher as Interest Rates Dip to New 2017 Low

PLEASANTON, Calif. – November 15, 2017 – The percentage of refinances climbed another percentage point to 39 percent of total loans in October, the highest percentage since February of 2017. This is coupled with a decrease in interest rates for the sixth straight month to 4.20 percent, a new 2017 low, according to the October Origination Insight Report from Ellie Mae® (NYSE:ELLI), the le... READ MORE