Mortgage Bankers expect sellers’ market in 2016 despite possible rate hike

sellers-marketBy Trey Garrison | HousingWire

The majority of Lenders One mortgage banker members (60%) expect 2016 will be a sellers’ market and the vast majority (89%) of members believe the market could weather a possible interest rate increase this fall.

Members’ sentiment was collected in a survey conducted during the Lenders One Summer Conference held in August. Lenders One is managed by Mortgage Partnership of America, a subsidiary of Altisource Portfolio Solutions

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