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Mortgage Trend: Mortgage Inquiry Leads up 30%

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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