1Q 2021 Mortgage Demand Outlook | TovoData
Given the strong predictive power of iLeads.com tracked mortgage demand , TovoData can estimate closed mortgages in the US for the following quarter. The outlook for first quarter 2021 is 2.7 million closed purchase and refinance mortgages, down 8% from the first quarter 2020. However, the breakout between purchase and finance mortgages is estimated to be more evenly split than a year ago. In the first quarter of 2020, 70% of mortgages were for refinancing and this quarter, that share is expected to be 55% due to the strength in tracked demand for purchase mortgages. TovoData Mortgage Outlook, 1Q 2021 About iLeads.com iLeads.com combines intent-based consumer lead with property, mortgage, and homeownership data collected from multiple leading public record data providers to fuel customer acquisition data, tools, and insight analytics solutions. No other marketing, customer acquisition, or customer analytics provider provides today’s smart marketers with the depth and breadt...