Yes, it has slowed down a bit. I’ve also been gone this past week (Chicago RE Bar Camp) so I haven’t been doing anything to encourage new business either.

I would say right now, for new business, I have more purchase than refi.

I had dinner with a couple mortgage professionals before the game and after the event and we were discussing what we think the future holds with mortgage rates. I’d say the general agreement was that rates will continue to rise. There are too many factors working against the Fed’s efforts buying MBS now. If rates do go down at all, I think it will just be quick blips and consumers need to be prepared to take action (and with that said, I still have a locking bias…but I typically tend to).