Advertisement
Singapore markets closed
  • Straits Times Index

    3,224.01
    -27.70 (-0.85%)
     
  • Nikkei

    40,342.58
    +174.51 (+0.43%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Bitcoin USD

    70,728.77
    +870.76 (+1.25%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Gold

    2,254.80
    +16.40 (+0.73%)
     
  • Crude Oil

    83.11
    -0.06 (-0.07%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • FTSE Bursa Malaysia

    1,530.60
    -7.82 (-0.51%)
     
  • Jakarta Composite Index

    7,288.81
    -21.28 (-0.29%)
     
  • PSE Index

    6,903.53
    +5.36 (+0.08%)
     

Here's Why United Wholesale Is Growing Faster Than the Competition

Here's Why United Wholesale Is Growing Faster Than the Competition

The mortgage business is one of the most cyclical businesses out there. In 2021, mortgage bankers feasted on easy refinances courtesy of Federal Reserve policy to keep rates near zero to support the economy. Mortgage bankers have been fighting to secure their piece of a shrinking pie as 2022 progresses, and virtually every big banker is reporting declines in origination volume.