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

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…