A new industry association has a simple message: Brokers are still tops when it comes to serving borrowers
Patrick Harker said his support is conditioned on a potential acceleration of inflation
Approximately one-third of borrowers are not sure of their interest rate and many could still save hundreds a month through refinancing.
The high cost of living is starting to drive residents out, as more homeowners in the state face mortgage delinquencies.
Many economists are predicting rates to increase soon and some believe the cash borrowers have saved through refinancing will move toward remodeling projects.
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The CFPB rate checker has caused a lot of noise in the industry, but stop worrying about pricing and start worrying about marketing and the niche you will become the expert in.
The lender said the layoffs are due to the declining number of delinquent mortgages the bank now services.