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Mortgage Lead Volumes Rise
05th August 2010
Lead Planet published their monthly mortgage lead survey yesterday. The mortgage lead generation report surveys a wide range of mortgage websites across the United States and measures the volume of mortgage leads monthly. According to the mortgage marketing company, mortgage leads rose almost 2% on a seasonally adjusted basis from one month prior. This report is important to lenders and banks who want help buying mortgage leads and forecasting their monthly marketing budgets
Mortgage refinance lead volumes increased 1.9 % from the previous month. According to MBA, home refinancing maintains a 78% of the market-share measuring the total applications (purchase and refinance).
Home purchase leads rose nearly 1.4% from one month earlier. This was the 3rd straight month that mortgage refinance leads rose. While this was the 1st month in the last 3 months that the purchase lead volume rose. According to a Lead Planet spokesman, “New homebuyers have been a bit tentative since the homebuyer tax credit expired on April 30th.
The Mortgage Lead Vault offers a wide variety of mortgage loan leads. Loan companies can choose from conventional, jumbo VA and FHA mortgage leads. We also offer debt settlement and loan modification leads to financial advisors and mortgage relief companies.
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