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Mortgage lock volumes tumble in April, purchases salvage annual gains
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Mortgage lock volumes tumble in April, purchases salvage annual gains

MCT says April mortgage lock volumes fell 12.57% as war-driven uncertainty and higher rates crushed refinance demand. For mortgage pros, purchases barely held up, but volume remains under pressure and refi business is weak.

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Scotsman Guide

2 min readMay 8, 2026

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Scotsman Guide

A leading publication for residential and commercial mortgage lending professionals.

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