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Purchases fell 22% from October and 6% year-on-year as high home prices and low inventory levels continued to curb demand, the report said. report. The Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming fixed rate – the benchmark for CME Group‘s mortgage rate futures fell 1 basis point to 6.14% in November, an improvement of […]
The lawsuit, filed Oct. 3 in U.S. District Court in Nashville, accuses Optimal Blue and the lenders of violating federal antitrust laws, alleging that the defendants “exploited their control over the residential mortgage industry to orchestrate a price-fixing scheme that caused significant harm to the plaintiffs and the Class.” The complaint names Optimal Blue, the […]
