PLEASANTON, Calif.--(BUSINESS WIRE)--Purchase loans as a percentage of lenders’ overall mortgage volume rose for the third straight month in May with a 6 percent jump to 58 percent, according to the latest Origination Insight Report released by Ellie Mae® (NYSE:ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry. According to the latest report, the average 30-year rate on all closed loans fell slightly for the first time since
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