Mortgage Industry Trends Driving Layoffs and Five Tactics to Avoid Job Cuts
Everest Group
JULY 26, 2022
Looking at the 30-year mortgage fixed rate, interest rates have been steadily declining over the past few years – until the sharp increase in early 2022, where rates were first hiked in December 2021 to 3.11% and steadily rose to 5.30% by the end of May 2022. This, in turn, is pushing home buyers out of the market.
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