MCT Says It's the First to Integrate with Freddie Mac’s Income Limits API Mortgage Capital Trading, Inc. (MCT®), a mortgage hedge advisory and secondary marketing software firm, announced it is the first secondary marketing platform to integrate with Freddie Mac’s Income Limits application programming interface (API) created for the first-time home buyer area median income (AMI) limits.

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Rate Lock Volume Keeps Falling From 2021’s Boom Levels: MCT

Overall rate lock volume tumbled 46.5% in July when compared with the lofty heights reached during the same month last year. That’s according to Mortgage Capital Trading’s latest MCTlive! Lock Volume Indices.

 

MCTAt the same time, rate/term refinance lock volumes were up 11% from June 2022 because of a rebound in bonds, according to MCT.

Overall month-to-month mortgage rate locks slipped 1.5% in July, MCT’s figures showed.

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