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flag Mortgage lock volume slightly declined in February, but purchase activity remained steady despite lower refinances.

flag Mortgage Capital Trading reported a slight 0.12% drop in February's mortgage lock volume compared to January. flag Despite a decline in refinance activity, purchase volume stayed stable, keeping overall production unchanged. flag Refinance volumes increased at the end of January, likely due to the holiday season. flag Upcoming reports on job and inflation data may affect mortgage rates in the coming months. flag The report offers insights for industry professionals.

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