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July 6, 2010

More Homeowners Refinancing

Category: Lead Buying Tips,Lead Generation,Mortgage Marketing,Mortgage News,Published Articles – Jenny King – 7:57 am

Several reports published last week signaled that refinancing is supporting the mortgage business with over 75% of all loans being submitted into process are considered a refinance transaction.  According to a recent Mortgage Lead Vault post, the refinance lead activity spiked last week.  MBA also released similar statistics in their Weekly Mortgage Application Survey indicating there was 12.6% in home refinancing applications from the previous week.  Chief economist for the Lead Planet, Kevin Grant said, “the mortgage lead quality should dramatically increase as the banks and lenders loosen up their refinance guidelines.” See the original news article> Mortgage Refinance Lead Volume Rises.

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