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Tag Archives: Origination Insight Report

Ellie Mae: Refinances Decline Slightly in May

Ellie Mae released its Origination Insight Report for May, analyzing data from over 3.5 million loan applications that ran through Ellie Mae’s Encompass mortgage management solution. The company found that refinances declined slightly for the month to 33 percent of all loans, down from 37 percent in the previous month.

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Credit Loosens and Refinances Shrink in February

Ellie Mae released its Origination Insight Report, which noted falling mortgage rates, shrinking refinances, and loosening of credit restrictions in the month of February. Ellie Mae's report, culled from 57 percent of Ellie Mae's mortgage application data, found that the average rate for a 30-year mortgage fell to 4.65 percent.

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