Product Update Alert: Strike Rate

Between 2022 and 2024, there were 6 million loans originated with rates between 6% and 7%, which means there is a ton of refi business on the horizon as rates drop.

That’s why MBS Highway is excited to announce our new Strike Rate tool, which was designed to help our subscribers capture more refinance opportunities that are sitting right in their pipeline – immediately as they become available in today’s market. Here’s how it works.

We'll email subscribers daily, letting them know when their clients have reached a “strike” or target rate where they’ll benefit from a refinance. Note that while many past transactions will be preloaded in the tool, subscribers can also edit those transactions and upload others.

Today's market volatility means rates won't come down in a straight line. It’s important to be in touch with previous clients and establish a “strike rate” to act on when rates hit certain levels. The Strike Rate tool allows our subscribers to easily track this information and notify their clients, so they can strike while the iron is hot and don’t miss out on a refi that could be of benefit.

Subscribers can access Strike Rate now with the Loan Advisor add-on, or learn more about the full MBS Highway suite which gives access to Strike Rate and other competitive features like Loan Comparison, Cost of Waiting, Social Studio, Presentation Expressway, and more!