{"id":384091,"date":"2020-11-18T09:04:14","date_gmt":"2020-11-18T14:04:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=384091"},"modified":"2020-11-18T09:04:14","modified_gmt":"2020-11-18T14:04:14","slug":"october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\/","title":{"rendered":"October Ellie Mae Origination Insight Report Data Shows Interest Rates Dip Below Three Percent; Refinances Reach 60 Percent Of Total Closed Loans"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">PLEASANTON, Calif.<\/span>, <span class=\"xn-chron\">Nov. 18, 2020<\/span> \/PRNewswire\/ &#8212; Interest rates dropped below three percent for the first time since Ellie Mae began tracking this data in 2011, hitting 2.99 percent in October, down from 3 percent on all loans the month prior. This is according to the latest <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2985579-1&amp;h=3469889304&amp;u=http%3A%2F%2Felliemae.com%2Fmortgage-data%2Forigination-insight-reports&amp;a=Origination+Insight+Report\" rel=\"nofollow noopener noreferrer\"><i>Origination Insight Report<\/i><\/a>\u00a0from <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2985579-1&amp;h=972063329&amp;u=http%3A%2F%2Fwww.elliemae.com%2F&amp;a=Ellie+Mae\" rel=\"nofollow noopener noreferrer\">Ellie Mae<\/a><sup>\u00ae<\/sup>, the leading cloud-based loan origination platform provider for the mortgage industry\u00a0and now ICE Mortgage Technology, a division of Intercontinental Exchange, Inc. (NYSE: ICE). The 30-year note rate for VA loans dropped to 2.75 percent, down from 2.78 in September, putting it well below the 3.00 percent mark. The 30-year rate on FHA loans held steady at 3.01 percent for the second month while Conventional rates dropped to 3.01 percent, down from 3.02 percent the month prior.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1061095\/Ellie_Mae_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1061095\/Ellie_Mae_Logo.jpg\" title=\"(PRNewsfoto\/ELLIE MAE)\" alt=\"(PRNewsfoto\/ELLIE MAE)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Refinances continued to rise, reaching 60 percent of total closed loans in the month, well above the 2019 high of 51 percent that also occurred in October. Purchase loans dropped to 40 percent of all closed loans in the month down two percentage points from the month prior. Conventional loans ticked back up in October, representing 82 percent of all closed loans in the month, up from 80 percent in September.<\/p>\n<p>Other statistics of note in October included:<\/p>\n<ul type=\"disc\">\n<li>The time to close all loans increased to 54 days in October, up from 51 days in September. Time to close for purchase loans increased to 48 days in October, up from 47 days in September. Time to close for refinances increased to 57 days in October, up from 54 days in September. <\/li>\n<li>The FICO score average for all loans held for the second straight month at 753. <\/li>\n<li>Closing rates decreased slightly to 76.7 in October, down from 77.1 in September. <\/li>\n<\/ul>\n<p>&#8220;We are continuing to see interest rates decline now dipping below three percent for the first time since we have tracked this data,&#8221; said <span class=\"xn-person\">Joe Tyrrell<\/span>, president, ICE Mortgage Technology. &#8220;The market clearly remains ripe for refinances as 60 percent of all closed loans are refis this month, indicating that homeowners are still looking to capitalize on the opportunity to reduce their monthly payments.&#8221;<\/p>\n<p>Tyrrell continued, &#8220;FICO scores remain high and conventional loans represent 82 percent of all closed loans this month. Homeowners should continue to educate themselves on the various available products to determine what best fits their needs. We will watch to see how the data shifts as we continue into the fall and the global pandemic and election impact the economic outlook.&#8221;<\/p>\n<p>The <i>Origination Insight Report<\/i> mines data from a robust sampling of approximately 80 percent of all mortgage applications that were initiated on the <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2985579-1&amp;h=1536987482&amp;u=http%3A%2F%2Fwww.elliemae.com%2Fencompass%2Fencompass-overview%2F&amp;a=Encompass\" rel=\"nofollow noopener noreferrer\">Encompass<\/a><sup>\u00ae<\/sup>\u00a0all-in-one mortgage management solution. Ellie Mae believes the <i>Origination Insight Report<\/i> is a strong proxy of the underwriting standards employed by lenders across the country.<\/p>\n<p>In addition to the <i>Origination Insight Report<\/i>, Ellie Mae also distributes data from its monthly Ellie Mae <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2985579-1&amp;h=1223486779&amp;u=http%3A%2F%2Fwww.elliemae.com%2Fmillennial-tracker&amp;a=Millennial+Tracker\" rel=\"nofollow noopener noreferrer\">Millennial Tracker<\/a>\u00a0on the first Wednesday of each month. The Ellie Mae Millennial Tracker focuses on mortgage applications submitted by borrowers born between the years 1980 and 1999. <\/p>\n<p>Ellie Mae also offers <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2985579-1&amp;h=2747279936&amp;u=https%3A%2F%2Fexplore.elliemae.com%2Fellie-mae-insights%3F%26sem_account_id%3D4278722839%26sem_campaign_id%3D9667076551%26campaignID%3D7011E000001MtCb%26sem_ad_group_id%3D99670696232%26sem_device_type%3Dc%26sem_keyword%3Dellie%2520mae%2520insights%26sem_matchtype%3De%26sem_ad_id%3D426477652962%26sem_network%3Dg%26sem_target_id%3Dkwd-893489148955%26sem_feed_item_id%3D%26utm_source%3Dgoogle%26utm_medium%3Dcpc%26utm_term%3Dellie%2520mae%2520insights_e%26sem_location_id%3D9010117%26sem_placement%3D%26sem_placement_category%3D%26utm_campaign%3DG_Brand_EllieMae_Product_EMInsights%26h_lead_source%3Dpaid%2520search%26h_sfdc_campaign_status%3DClick%2520To%2520Landing%2520Page%26h_lead_source_campaign%3DG_Brand_EllieMae_Product_EMInsights%26utm_campaign%3DG_Brand_EllieMae_Product_EMInsights%26keywordOriginal1%3Dellie%2520mae%2520insights%26gclid%3DCjwKCAjw4MP5BRBtEiwASfwAL4-077yuUOKNLmqTwYQPgfCwNpjXgTzA45a425G77miROMOPGlP2xRoCypUQAvD_BwE&amp;a=Ellie+Mae+Insights%E2%84%A2\" rel=\"nofollow noopener noreferrer\">Ellie Mae Insights\u2122<\/a>, the only analytics solution in the market that provides peer benchmarking comparison analysis in near real time. Ellie Mae Insights analyzes key metrics such as efficiency levels, operational costs, rates and market penetration, demographic data and pull through rates to help lenders of all sizes to make informed decisions.<\/p>\n<p>\n        <b>MONTHLY ORIGINATION OVERVIEW FOR <span class=\"xn-chron\">OCTOBER 2020<\/span><\/b>\n      <\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prnsbts prnrbrs prnvab prnsbbs prnpl6 prnsbls prnpr14\">\n              \n            <\/td>\n<td class=\"prnsbts prnrbrs prnvam prnsbbs prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>October 2020*<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>September <\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020*<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>6 Months Ago<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(April 2020*)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1 Year Ago<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(October 2019*)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Closed Loans<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Purpose<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Refinance<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">60%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">58%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">65%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">51%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Purchase<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">40%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">42%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">35%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">49%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Type<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>FHA<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">16%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Conventional<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">82%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">80%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">81%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">73%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>VA<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">8%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Days to Close<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>All<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">54<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">51<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">42<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">44<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Refinance<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">57<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">54<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">39<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">39<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Purchase<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">48<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">47<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">46<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">47<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Percentage of ARM and Fixed Loan Volume<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>ARM %<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.4%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.5%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3.8%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5.0%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>30-Year Rate<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Average<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.99%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3.00%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3.48%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3.94%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<div>\n<table id=\"convertedTable6682\" cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnbcc\">\n<tr>\n<td class=\"prngen9\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <i>*All references to months should be read as month ended.<\/i><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<p>\n        <b>PROFILES OF CLOSED LOANS FOR <span class=\"xn-chron\">OCTOBER 2020<\/span><\/b>\n      <\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prnsbts prnrbrs prnvab prnsbbs prnpl6 prnsbls prnpr6\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Closed First-Lien Loans <\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(All Types)<\/b><\/span><\/p>\n<p><\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>FICO Score (FICO)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">753<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Loan-to-Value (LTV)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">73<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Debt-to-Income (DTI)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">23\/35<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <i>More information and analysis of closed and denied loans by loan purpose and investor are available in the full report at <\/i><br \/>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2985579-1&amp;h=1768985214&amp;u=http%3A%2F%2Fwww.elliemae.com%2Fabout-us%2Fnews-reports%2Fellie-mae-reports%2F&amp;a=http%3A%2F%2Fwww.elliemae.com%2Fabout-us%2Fnews-reports%2Fellie-mae-reports%2F\" rel=\"nofollow noopener noreferrer\"><br \/>\n          <i>http:\/\/www.elliemae.com\/about-us\/news-reports\/ellie-mae-reports\/<\/i><br \/>\n        <\/a><br \/>\n        <i>. <\/i>\n      <\/p>\n<p>To get a meaningful view of lender pull-through, Ellie Mae reviewed a sampling of loan applications initiated 90 days prior\u2014or the <span class=\"xn-chron\">June 2020<\/span> applications\u2014to calculate an overall closing rate of 76.7 percent in <span class=\"xn-chron\">October 2020<\/span> (see full report).<\/p>\n<p>\n        <b>About the Ellie Mae <i>Origination Insight Report<br \/><\/i><\/b>The <i>Origination Insight Report<\/i> focuses on loans that closed in a specific month and compares their characteristics to similar loans. The closing rate is calculated on a 90-day cycle rather than on a monthly basis because most loan applications typically take one-and-a-half to two months from application to closing. Loans that do not close could still be active applications or applications withdrawn by consumers or denied for incompleteness or non-qualification.<\/p>\n<p>The <i>Origination Insight Report<\/i> details aggregated, de-identified data pulled from Ellie Mae&#8217;s Encompass origination platform. <\/p>\n<p>\n        <i>News organizations have the right to reuse this data, provided that Ellie Mae, Inc. is credited as the source.<\/i>\n      <\/p>\n<p>\n        <b>About Ellie Mae<br \/><\/b>Ellie Mae, now a part of ICE Mortgage Technology, a division of Intercontinental Exchange, Inc. (NYSE: ICE), is the leading cloud-based loan origination platform provider for the mortgage industry. Ellie Mae&#8217;s technology\u00a0solutions enable lenders to originate more loans, lower origination costs, and reduce the time to close, all while ensuring the highest levels of compliance, quality, and efficiency. Visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2985579-1&amp;h=3333355316&amp;u=http%3A%2F%2Felliemae.com%2F&amp;a=%E2%80%AAEllieMae.com\" rel=\"nofollow noopener noreferrer\">\u202aEllieMae.com<\/a>\u00a0or call <a target=\"_blank\" href=\"tel:(877)%20355-4362\" rel=\"nofollow noopener noreferrer\">\u202a(877) 355-4362<\/a>\u00a0to learn more.<\/p>\n<p>\n        <i>\u00a9\u00a02020 Ellie Mae, Inc. Ellie Mae\u00ae, Encompass\u00ae, AllRegs\u00ae, Mavent\u00ae, Velocify\u00ae, Capsilon\u00ae, the Ellie Mae logo and other trademarks or service marks of Ellie Mae, Inc. appearing herein are the property of Ellie Mae, Inc. or its subsidiaries. All rights reserved. Other company and product names may be trademarks or copyrights of their respective owners.<\/i>\n      <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=SF95620&amp;sd=2020-11-18\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans-301175961.html\">http:\/\/www.prnewswire.com\/news-releases\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans-301175961.html<\/a><\/p>\n<p>SOURCE  Ellie Mae<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=SF95620&amp;Transmission_Id=202011180900PR_NEWS_USPR_____SF95620&amp;DateId=20201118\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire PLEASANTON, Calif., Nov. 18, 2020 \/PRNewswire\/ &#8212; Interest rates dropped below three percent for the first time since Ellie Mae began tracking this data in 2011, hitting 2.99 percent in October, down from 3 percent on all loans the month prior. This is according to the latest Origination Insight Report\u00a0from Ellie Mae\u00ae, the leading cloud-based loan origination platform provider for the mortgage industry\u00a0and now ICE Mortgage Technology, a division of Intercontinental Exchange, Inc. (NYSE: ICE). The 30-year note rate for VA loans dropped to 2.75 percent, down from 2.78 in September, putting it well below the 3.00 percent mark. The 30-year rate on FHA loans held steady at 3.01 percent for the second month while Conventional rates dropped &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;October Ellie Mae Origination Insight Report Data Shows Interest Rates Dip Below Three Percent; Refinances Reach 60 Percent Of Total Closed Loans&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-384091","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>October Ellie Mae Origination Insight Report Data Shows Interest Rates Dip Below Three Percent; Refinances Reach 60 Percent Of Total Closed Loans - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"October Ellie Mae Origination Insight Report Data Shows Interest Rates Dip Below Three Percent; Refinances Reach 60 Percent Of Total Closed Loans - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire PLEASANTON, Calif., Nov. 18, 2020 \/PRNewswire\/ &#8212; Interest rates dropped below three percent for the first time since Ellie Mae began tracking this data in 2011, hitting 2.99 percent in October, down from 3 percent on all loans the month prior. This is according to the latest Origination Insight Report\u00a0from Ellie Mae\u00ae, the leading cloud-based loan origination platform provider for the mortgage industry\u00a0and now ICE Mortgage Technology, a division of Intercontinental Exchange, Inc. (NYSE: ICE). The 30-year note rate for VA loans dropped to 2.75 percent, down from 2.78 in September, putting it well below the 3.00 percent mark. The 30-year rate on FHA loans held steady at 3.01 percent for the second month while Conventional rates dropped &hellip; Continue reading &quot;October Ellie Mae Origination Insight Report Data Shows Interest Rates Dip Below Three Percent; Refinances Reach 60 Percent Of Total Closed Loans&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-18T14:04:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1061095\/Ellie_Mae_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"October Ellie Mae Origination Insight Report Data Shows Interest Rates Dip Below Three Percent; Refinances Reach 60 Percent Of Total Closed Loans\",\"datePublished\":\"2020-11-18T14:04:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\\\/\"},\"wordCount\":939,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1061095\\\/Ellie_Mae_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\\\/\",\"name\":\"October Ellie Mae Origination Insight Report Data Shows Interest Rates Dip Below Three Percent; Refinances Reach 60 Percent Of Total Closed Loans - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1061095\\\/Ellie_Mae_Logo.jpg\",\"datePublished\":\"2020-11-18T14:04:14+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\\\/#primaryimage\",\"url\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1061095\\\/Ellie_Mae_Logo.jpg\",\"contentUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1061095\\\/Ellie_Mae_Logo.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"October Ellie Mae Origination Insight Report Data Shows Interest Rates Dip Below Three Percent; Refinances Reach 60 Percent Of Total Closed Loans\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"October Ellie Mae Origination Insight Report Data Shows Interest Rates Dip Below Three Percent; Refinances Reach 60 Percent Of Total Closed Loans - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\/","og_locale":"en_US","og_type":"article","og_title":"October Ellie Mae Origination Insight Report Data Shows Interest Rates Dip Below Three Percent; Refinances Reach 60 Percent Of Total Closed Loans - Market Newsdesk","og_description":"PR Newswire PLEASANTON, Calif., Nov. 18, 2020 \/PRNewswire\/ &#8212; Interest rates dropped below three percent for the first time since Ellie Mae began tracking this data in 2011, hitting 2.99 percent in October, down from 3 percent on all loans the month prior. This is according to the latest Origination Insight Report\u00a0from Ellie Mae\u00ae, the leading cloud-based loan origination platform provider for the mortgage industry\u00a0and now ICE Mortgage Technology, a division of Intercontinental Exchange, Inc. (NYSE: ICE). The 30-year note rate for VA loans dropped to 2.75 percent, down from 2.78 in September, putting it well below the 3.00 percent mark. The 30-year rate on FHA loans held steady at 3.01 percent for the second month while Conventional rates dropped &hellip; Continue reading \"October Ellie Mae Origination Insight Report Data Shows Interest Rates Dip Below Three Percent; Refinances Reach 60 Percent Of Total Closed Loans\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-18T14:04:14+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1061095\/Ellie_Mae_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"October Ellie Mae Origination Insight Report Data Shows Interest Rates Dip Below Three Percent; Refinances Reach 60 Percent Of Total Closed Loans","datePublished":"2020-11-18T14:04:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\/"},"wordCount":939,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1061095\/Ellie_Mae_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\/","name":"October Ellie Mae Origination Insight Report Data Shows Interest Rates Dip Below Three Percent; Refinances Reach 60 Percent Of Total Closed Loans - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1061095\/Ellie_Mae_Logo.jpg","datePublished":"2020-11-18T14:04:14+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\/#primaryimage","url":"https:\/\/mma.prnewswire.com\/media\/1061095\/Ellie_Mae_Logo.jpg","contentUrl":"https:\/\/mma.prnewswire.com\/media\/1061095\/Ellie_Mae_Logo.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/october-ellie-mae-origination-insight-report-data-shows-interest-rates-dip-below-three-percent-refinances-reach-60-percent-of-total-closed-loans\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"October Ellie Mae Origination Insight Report Data Shows Interest Rates Dip Below Three Percent; Refinances Reach 60 Percent Of Total Closed Loans"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/384091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=384091"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/384091\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=384091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=384091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=384091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}