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Month-to-Date lock Volume

Month-to-Date lock Volume

Month-to-date lock volume increased a little over 27% as compared to the same time last month on the back of the recent market rally.  Interestingly, the purchase-refi mix remained almost identical compared to this the same time last month at roughly 56% purchase and 44% refinance.  The distribution of locked loans remained relativity constant as agency high balance loans declined and standard balance 30 Year and 15 Year edged higher.

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