According to the MCTlive! lock volume indices, total lock volume fell 48.5% year-over-year and 5.4% month-over-month in September.
However, rate-term refinance locks rose 33% and purchase locks rose 6.3% month-over-month in September.
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Mortgage Trainer Ron Vaimberg: 'Expand Your Network'Mortgage industry trainer Ron Vainberg, president of Ron Vainberg International, has shared some tips on raising profits in a slow sales environment. So reports TheMReport.
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Rate Lock Volumes Drop in September
Rate lock activity based on dollar volume fell last month, but there were some bright spots. That’s according to an announcement from capital markets software and services provider MCT.
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