Rising interest rates is a big blow to the low-fee mortgage segment of the industry … the home of $3 mortgage inspections. Janet Yellen says the economy is improving … more and better jobs are here NOW! More better jobs are coming. No one will want the low-pay jobs … especially $3 mortgage inspections with “maybe” a profit of $1.50.
The mortgage segment is the home of 99.5% of the greed, fraud and corruption in the industry. The mortgage segment is terrible NOW and it will only get worst. The mortgage segment is on life support and will soon flatline.
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