TMC Benchmark April Executive Summary: Closings Drop Back Down to Jan/Feb Levels As Refi’s Continue to Decline
There’s no way to sugarcoat it; April was a tough month for The Mortgage Collaborative’s national network of best-in-class mortgage lending institution members that submit data to TMC Benchmark. Closed loan units were down 15.7% from March as lenders felt the impact of significant increases in mortgage rates that started in January, but that really […]