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 concentration of closed mortgages in the next quarter.
Here are five insights the TovoData MDI will help you discover
Which states are experiencing the most mortgage demand overall?
Which states are leading purchase mortgage demand?
Where are the hottest refinance states?
Where is mortgage demand the lowest?
What is the mortgage outlook for Q2 2021?
Mortgage Demand Index