MDI Q1 Report 2021

Mortgage Demand Index
The Pulse of the Mortgage Market Q1 2021 Results

Mortgage Demand Index shows continued strength across the Sunbelt and stronger demand for mortgage refinancing than purchases in 33 states.

The TovoData

Mortgage Demand Index

(MDI) measures the quarterly concentration of demand for new purchase and refinance mortgages based on mortgage lead activity by state.

The TovoData MDI is also produced as two subindices:

– Purchase MDI 
– Refinance MDI

The MDI provides a proven consumer intent KPI for the anticipated concentration of closed mortgages in the next quarter.

Tovodata MDI

Here are five insights the TovoData MDI will help you discover

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