TMC BENCHMARK JANUARY DATA: Applications Rise 19% in January Month-Over-Month
TMC lender members saw a welcomed increase in applications to start off 2023. Alternatively, the network saw closed loan production drop fairly significantly compared to last month. New applications increased by 19% in January from the previous month as rates dipped down during the month, pushing home purchasers off the fence. Conventional loans remained flat at 65% of new […]