Mortgage Demand Index shows that Florida Tops the List for Mortgage Demand
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 – the Purchase MDI and the Refinance MDI. The MDI provides a proven consumer intent KPI for the anticipated concentration of closed mortgages in the next quarter.
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