A recent study conducted by HousingWire Research and Altos has revealed new insights into the timeline of mortgage rate lock-ins, challenging the widely held belief that this trend began in 2022. The study delved deep into historical data to uncover the true origins of this practice, shedding light on a much earlier start date that may surprise many industry professionals.
Key points from the study include:
– Research conducted by HousingWire and Altos
– Challenge to the belief that mortgage rate lock-ins started in 2022
– Delving into historical data
– Revealing an earlier timeline for the practice
This groundbreaking research serves as a valuable resource for mortgage industry experts and professionals, providing a more nuanced understanding of the factors influencing mortgage rate lock-ins. By uncovering the true origins of this trend, the study offers valuable insights that can inform decision-making and strategy development within the industry.
You can read this full article at: https://www.housingwire.com/articles/the-mortgage-rate-lock-in-didnt-start-in-2022-2/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
