Mortgage Capital Trading Inc. (MCT)

High mortgage rates and limited housing supply cited as primary causes; Industry eyes Federal Reserve's upcoming meetings and key economic indicators.

Slight .44% increase in mortgage lock volume; industry faces uncertain future.

Company says increase may be a one-time thing due to high rates, low inventory.

Volume increased across the board, lead by rate/term refis rising 124%.

Both Black Knight’s OMM report and MCTlive! Lock volume indices show a 90% decline in YOY volume.