MCT June Indices Show Rate/Term Refinances Pull Back as Purchase Locks Hold Heading into Summer
MCT’s June Lock Volume Indices show steady purchase activity, while rate/term refinances fell 25% in May amid market uncertainty and Fed transition.
MCT’s June Lock Volume Indices show steady purchase activity, while rate/term refinances fell 25% in May amid market uncertainty and Fed transition.
MCT’s Atlas AI completed the industry’s first AI-executed TBA trade on a live mortgage pipeline, closing the loop from hedge recommendation to execution.
25 years in, MCT is moving faster than ever. Watch CEO Curtis Richins as he describes the 2026 technology roadmap, client partnerships, and never losing the human touch.
Ask ChatGPT
MCT May Lock Volume Indices show refinance activity slowing as elevated rates, affordability pressures, and geopolitical uncertainty persist through spring.
Spring purchase demand drives lock volume up 9% as rising rates, global uncertainty, and stagflation concerns weigh on refinance activity and outlook.