Press Releases

September Origination Insight Report from Ellie Mae Shows Refinances Increase as Interest Rates Dip to 2017 Low

PLEASANTON, Calif. – October 18, 2017 – The percentage of refinances climbed to 38 percent of total loans as interest rates dipped to 4.21 percent, the lowest rate in 2017, according to the September Origination Insight Report from Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry. Time to close a refinance also dropped to 40 days, the sho... READ MORE