Purchase transactions heating up this spring

SALE! Save $150 off
Inman Connect San Francisco tickets

Use code 'MDsale150' at checkout

Purchase mortgage loan activity is gaining momentum as the housing market enters the peak spring buying season, according to Ellie Mae’s latest Origination Insight Report. According to the mortgage industry software provider, mortgage purchases represented 46 percent of lenders’ overall volume in March, compared with 53 percent in refinancing volume.