General World News

What a 15-year market share high means for the broker industry

Recent data from Inside Mortgage Finance shows a significant leap in broker market share, jumping to 24.3% in Q4 2023, the highest number we’ve seen since 2009. This is a true testament to the care, commitment and passion brokers across the country have for their borrowers.  

The big question is, what caused this increase? 

First and foremost, there has been a noticeable shift in consumer behavior. Market volatility and rising rates have made borrowers more sensitive to the ever changing market, resulting in them becoming more informed on their options when choosing a lender and the benefits of working details ⇒

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