In February, MCT reported a 20.9% increase in mortgage lock volume amid rising interest rates and strong job market.
Mortgage Capital Trading (MCT) reported a 20.9% increase in mortgage lock volume in February, amidst rising interest rates, a robust job market, and higher-than-expected CPI. Despite the challenging market conditions, the surge in mortgage lock volume reflects positive buyer sentiment within the industry. MCT's report highlights the potential impact of upcoming non-farm payroll and inflation reports on future Fed meetings.
March 06, 2024
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