How big lenders are adapting to rising mortgage rates

On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about layoffs at Chase and Wells Fargo, and the move by UWM to drop rates by 50 to 100 basis points. The two also discuss rising origination costs and how that affects affordability.   HW Media articles related to this episode: UWM drops rates 50 to 100 basis points in bid for brokers - HousingWire JPMorgan Chase to cut hundreds of mortgage jobs - HousingWire Purchase mortgage rates continue incremental, upward trend  Learn more about your ad choices. Visit megaphone.fm/adchoices