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In the past 30 days, we are seeing a significant increase in mortgage application inquiries.
To refi, or not to refi ... that is the question
Mortgage Trend: Mortgage Inquiry Leads up 30%
In the past 30 days, we are seeing a significant increase in mortgage inquiry leads. Inquiry lead alerts are up 30% compared to the past 6 months average.
It is normal to see an increase in mortgage activity in early spring as the home buying season picks up but we are seeing a larger than normal increase and that many of these credit inquiries are being generated from consumers looking to do some type of refinancing.
Keep a close eye on your Inquiry Alerts, there are refinance mortgage lead generation opportunities coming out of the woodwork as well as an increase in new homebuyers.
This is also a good time to update your monitored prospect list if you haven't done so recently.
Related:
Get started with Database Monitoring Alerts
How to upload prospects
How often should I update my monitored database?
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