When margins evaporate Lenders expected that 2022 will be one of the most challenging years on record due to higher rates, lower refi volumes and the need to shed capacity. But the market has deteriorated faster than they imagined, and some are even struggling to achieve profitability, especially after this past week’s extreme rate spike.
There are better ways to protect against the loss of your home if something happens to you. When you take out a home loan, you may be offered mortgage life insurance. Also called mortgage protection insurance, it helps ensure you don’t lose your home if you become disabled. It can also make sure your loved