October 13, 2022 Inflation is now at 40 years high and with the global insecurity looks like we are in for a long drawn global employment, production, and consumption restructurring. There appears to be domino effect that is straining many long standing political, econimic, and even social relationships!!
Rates have started moving up again and are now touching 7% a 20 year high.
Processing time has lowered despite the many layoffs in the mortgage banks. Some "purely mortgage" companies have lost 75 to even as high as 90% of the market caps!!