Author: lowellchu2018
TovoData Releases Mortgage Demand Index for Q1 2021
Today TovoData, the leading provider of multi-sourced real estate, mortgage and property ownership data sets spanning 100% of U.S. residential properties, released its Q1 2021 Mortgage Demand Index that shows continued strength in mortgage demand across southern and western states. The breadth of mortgage demand across states relative to existing single-family homes with a mortgage is as robust as data from Q4 2020 signaling confidence in the housing market through the 2021 buying season. A Mortgage Demand Index (MDI) of 100 indicates that demand in a state is on par with the nation. During the first quarter of 2021, 19 ... Read more