Rates at 7% attract different types of borrowers, forcing lenders to rethink profit strategies
Briefly

from www.housingwire.com2 weeks ago
Industry experts anticipate increasing mortgage origination volumes in 2024 despite higher rates, driven by people facing life events like divorces, moving, or upgrading homes, rather than economic factors.
www.housingwire.comhttps://www.housingwire.com/articles/rates-at-7-attract-different-types-of-borrowers-forcing-lenders-to-rethink-profit-strategies/
Read at www.housingwire.com
#mortgage-rates #federal-reserve #mortgage-market-trends #economic-impact #borrower-behavior
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