MCT: Spring Purchase Demand Holds Firm Despite Rising Rates

Mortgage Capital Trading, San Diego, found a modest increase in overall lock volume activity in March, driven largely by a strong spring purchase market that offset a notable pullback in rate/term refinancing.

MCT: Refinance Volume Exceeds Expectations in August

Mortgage Capital Trading, San Diego, said its Lock Volume Indices report showed modest decline in overall activity in July. But refinance segments outperformed expectations despite continued uncertainty in the housing market.