September Lock Volume Slides as Bond Selloff Pushes Mortgage Rates Toward 7.4%
MCT’s October Lock Volume Index show September lock volume fell 10.15% as a sharp bond selloff and Fed rate hike pushed mortgage rates toward 7.5%.
August Lock Volume Pulls Back as Fed Rate Hike Bets Build
MCT’s September lock volume reports August data shows lock volume fell while cash out refis rose as inflation builds expectations for a September Fed rate hike.
MCT Aims to Revolutionize Bulk MSR Valuation and Trading with Hire of MSR Industry Leader Tom Piercy
MCT welcomes MSR industry leader Tom Piercy to advance bulk MSR valuation, trading, and technology through MCT’s growing MSR Marketplace.
MCT Launches Live Mortgage Rate Lock Index, Revealing a 1.79% Rate Gap Between Builder-Financed and Everyone-Else Home Buyers
MCT launches its Live Mortgage Rate Lock Index, revealing a 1.79% gap between builder and non-builder mortgage rates using real-time borrower lock data.
Jobs Miss Swings September Rate-Hike Odds as July Lock Volume Cools
MCT’s August Lock Volume Indices show July mortgage lock volume fell 6.06% as weak jobs data, rising rates, and Fed uncertainty drove volatility.
MCT’s Commitment to Clients
