The May 2020 Mortgage Refinance Prospect Counts Master File has been updated. The benchmark 30-year fixed interest rate mortgage fell this week to 3.51% from 3.55%, according to a survey of prominent lenders, which is very close to the 30-year low of 3.50%. On April 29th the Federal Reserve claimed to keep rates low for months to come.
As interest rates drop, our algorithm qualifies more homeowners with high interest rates to be on our list, which is why the number of prospects in May exceeds those on our April prospect list. Needless to say, now is a great time to reach out to these prospects.
US Data Corporation is the #1 source for mortgage refinance prospect lists. Our mortgage refinance prospect lists contain homeowners with high interest rates or adjustable rate mortgages. These prospects can be reached via email marketing, direct mail marketing, telemarketing, and more.