--- title: Elvis Isn't Dead. description: There are still plenty of refinance opportunities for direct-to-consumer mortgage origination teams. We have proprietary predictive models for identifying high rate mortgages. image: https://blog.monitorbase.com/hubfs/Imported_Blog_Media/elvis-1.jpg --- 1 min read # Elvis Isn't Dead. [ Louis Zitting ](https://blog.monitorbase.com/author/louis-zitting) : Mar 15, 2018 12:00:00 AM [high rate mortgage data](https://blog.monitorbase.com/tag/high-rate-mortgage-data) [refinance](https://blog.monitorbase.com/tag/refinance) [refinance leads](https://blog.monitorbase.com/tag/refinance-leads) ![Elvis Isn't Dead.](https://blog.monitorbase.com/hubfs/Imported_Blog_Media/elvis-1.jpg) One of the greatest direct-to-consumer *performers* in the history of the mortgage industry has been the refinance boom we’ve enjoyed since 2008. Our “Elvis,” if you will. But many originators think it’s dead. MonitorBase doesn’t. Here’s why … Between January 2017 and February 2018, there have been approximately **230,000** mortgages added to the books at a **5%** interest rate or higher. Even more intriguing is the majority of these 5% loans were originated and locked prior to the massive sell-off that started in October of 2017.  This means ... in the next few months ... we will see a tsunami of 5%-plus loans being added to the books! This is great news for government streamlines and agency appraisal waivers. There is currently massive potentials in the cash-out refinance market. This is being fueled by noteworthy appreciation of residential real estate in most markets, and then mortgage interest write-off opportunities.  You may be asking, though, “Who would want to give up their 3.5%-fixed to do a *cash-out* with a current market-rate of, say, 4.5%?” Not many, of course … if that’s the whole story. Often it’s not! What needs to be known … and wherein lies the potential … is the “blended rate” (after tax-deductible interest) when they payoff such things as credit cards; car loans; 2nd mortgages; student loans; home improvements; etc. The result may very well be a combined “cost of capital” that makes the higher first-mortgage rate very attractive, especially if your underlying first mortgage interest rate is already at 4.5%! Today there are more than **3.9 Million** Government and Agency loans have been created in the past 5 years at **4.5% or higher**. Any refi opportunities here? MonitorBase has proprietary data-models that will help you find and mine high rate mortgages. Adding this platform of analytics to your marketing efforts will get you back in the game. And it’s a huge one! - [Tweet](https://twitter.com/share) [![Purchase, Refi, Refi, Purchase.](https://blog.monitorbase.com/hubfs/Imported_Blog_Media/customer%20retention-3.jpg) ](https://blog.monitorbase.com/purchase-refi-refi-purchase) #### [Purchase, Refi, Refi, Purchase.](https://blog.monitorbase.com/purchase-refi-refi-purchase) [Louis Zitting](https://blog.monitorbase.com/author/louis-zitting) : Feb 12, 2020 12:00:00 AM Do you want to do one loan for every person you work with? Or do you want four loans for that same person? Clearly, in this case, the more the... [past customer retention](https://blog.monitorbase.com/tag/past-customer-retention) [purchase mortgage leads](https://blog.monitorbase.com/tag/purchase-mortgage-leads) [refinance leads](https://blog.monitorbase.com/tag/refinance-leads) [Read More](https://blog.monitorbase.com/purchase-refi-refi-purchase) [![Mortgage Trend: Mortgage Inquiry Leads up 30%](https://blog.monitorbase.com/hubfs/Imported_Blog_Media/migration-1.jpg) ](https://blog.monitorbase.com/mortgage-trend-mortgage-inquiry-leads-up-30-percent) #### [Mortgage Trend: Mortgage Inquiry Leads up 30%](https://blog.monitorbase.com/mortgage-trend-mortgage-inquiry-leads-up-30-percent) [Louis Zitting](https://blog.monitorbase.com/author/louis-zitting) : Mar 13, 2019 12:00:00 AM In the past 30 days, we are seeing a significant increase in mortgage inquiry leads. Inquiry lead alerts are up 30% compared to the past 6 months... [inquiry alerts](https://blog.monitorbase.com/tag/inquiry-alerts) [refinance](https://blog.monitorbase.com/tag/refinance) [mortgage lead generation](https://blog.monitorbase.com/tag/mortgage-lead-generation) [refinance leads](https://blog.monitorbase.com/tag/refinance-leads) [Read More](https://blog.monitorbase.com/mortgage-trend-mortgage-inquiry-leads-up-30-percent) [![MB Insider Trends: May 4th - 50% More First Time Homebuyers](https://blog.monitorbase.com/hubfs/Imported_Blog_Media/trends-Apr-11-2025-01-46-29-0877-PM.jpg) ](https://blog.monitorbase.com/mb-insider-trends-may-4th-50-more-first-time-homebuyers) #### [MB Insider Trends: May 4th - 50% More First Time Homebuyers](https://blog.monitorbase.com/mb-insider-trends-may-4th-50-more-first-time-homebuyers) [William LeBaron](https://blog.monitorbase.com/author/william-lebaron) : May 5, 2020 12:00:00 AM Interested in seeing where the hot spots are in mortgage originations? Here are some interesting stats that we are seeing in the data right now. [epo warning](https://blog.monitorbase.com/tag/epo-warning) [credit migration](https://blog.monitorbase.com/tag/credit-migration) [mortgage trigger](https://blog.monitorbase.com/tag/mortgage-trigger) [inquiry alerts](https://blog.monitorbase.com/tag/inquiry-alerts) [refinance](https://blog.monitorbase.com/tag/refinance) [first time home buyer](https://blog.monitorbase.com/tag/first-time-home-buyer) [weekly trends](https://blog.monitorbase.com/tag/weekly-trends) [early pay off](https://blog.monitorbase.com/tag/early-pay-off) [mortgage inquiry](https://blog.monitorbase.com/tag/mortgage-inquiry) [Read More](https://blog.monitorbase.com/mb-insider-trends-may-4th-50-more-first-time-homebuyers) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Louis Zitting", "url" : "https://blog.monitorbase.com/author/louis-zitting" }, "dateModified" : "2025-04-11T13:47:26.790Z", "datePublished" : "2018-03-15T06:00:00.000Z", "headline" : "Elvis Isn't Dead.", "image" : [ "https://blog.monitorbase.com/hubfs/Imported_Blog_Media/elvis-1.jpg" ], "mainEntityOfPage" : { "@id" : "https://blog.monitorbase.com/high-rate-mortgage-data", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.monitorbase.com/hubfs/download.png" }, "name" : "Mobility Market Intelligence (MMI)" } } ```