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Insider Q&A: Mat Ishbia, CEO of United Wholesale Mortgage

Por: Associated Press Business December 19, 2022

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LOS ANGELES (AP) — The housing market has slowed sharply this year as mortgage rates surged to a 20-year high, reducing homebuyers’ purchasing power at a time when home prices have kept climbing. The average rate on the benchmark 30-year home loan has been falling in recent weeks, but remains double what it was a year ago, according to mortgage buyer Freddie Mac. Meanwhile, mortgage applications have fallen roughly 53% from January through... + full article



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