OHIO-BASED “LOWER” GOES UNDER ANOTHER ROUND OF LAYOFFS AMIDST RISING MORTGAGE RATES

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In: Realtor News

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Ohio-based mortgage lender Lower last week made a series of layoffs affecting 6 percent of its workforce due to market conditions, a company spokeswoman said. Lindsay LeBert, the company’s director of communications, said in an email to HousingWire that “thereContinue Reading

Are Rising Mortgage Rates Related To Inflation

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In: Mortgage News

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Last updated on December 26th, 2022 at 09:35 pmAccording to the U.S. Bureau of Labor Statistics, last month in the United States, the average rate of a 30-year mortgage costs a bit more than 3 % because the rate ofContinue Reading