Industry NewsMortgage

Interest rates chief real estate worry

Yet mortgage brokers remain upbeat about business, survey finds
Published on May 11, 2004

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by CareyBot

Mortgage broker Ginger Engle isn't overly concerned about interest rates because she doesn't believe they'll go up quickly enough to have a big effect on her business. But rates are definitely a topic she hears a lot about.

"The customers are more worried about it," said Engle, who works for Monarch Mortgage in Asheville, N.C.

That intense interest in loan rates echoes views expressed in "Gray Skies or Sunshine?" a recent survey of mortgage brokers conducted by Informative Research ...