Trending

Send In The Troops
Michigan High School Shooter Sentenced To Life In Prison
US Announces Military Drills To Defend Guyana Amid Threats Of…
Ex-Peruvian President Fujimori Cheered After Early Prison Release
Youngkin Latest Governor To Call For Ban On Chinese Land…
Knoxville Judge Sanctioned For Holding Campaign Event In His Courtroom
Tenn. Libertarian Party Is Tired Of Getting Hosed By Election…
Nashville Cops Still On Leave Over Leak Of Covenant Killer’s…
‘We Need To Talk, Elon’: Argentina’s Milei Wants Powwow With…
‘Disgraceful’: Sen. Mike Lee Blasts FBI Monitoring Of Citizens Without…
3 Days After Gov. Whitmer Signs Energy Bills, Michigan Electric…
#Bidenflation

Layoffs, Shutdowns Hit Mortgage Industry As High Rates Crush Lending

View Source | September 26, 2022 10:57 pm

  • With interest rates hitting 14-year-highs and lending activity way down from the peaks of the past two years, layoffs and shutdowns are happening with alarming frequency.
  • Real estate company Redfin laid off 8 percent of its staff in June.
  • Rocket, one of the largest non-bank mortgage lenders, has done two rounds of cuts.
Click to read full article Go back home

PREVIOUS

Hilaree Nelson: US Mountaineer Missing After ‘Skiing Into Crevasse’

NEXT UP

Meta: We’re Not-So-Big Tech Now

More From #Bidenflation

Latest Articles

Sign Up for Our Newsletter

Join our list!

Sign up here to get our daily newsletter with the top trending headlines.