General World News

 10 Critical metrics to track in a purchase market

HW+ homes ohio

Transport yourself back to 2019. It’s 9 a.m. You are suited, showered and seated behind a desk in a bustling office. Industry newsletters are reporting that mortgage lenders are tightening their belts as the cost to manufacture a loan peaks at a decade high of $9,299. Then boom! In March 2020 all of that changed. Lenders’ focus on tightly managing margins was replaced by the need to triage an unprecedented surge in refinance volume, which led to a record-shattering $4.3 trillion in U.S. mortgage loan originations, the largest annual volume on record since 2005.

Now, after two details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com