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6min chapter
James Kleimann on Rocket, Zillow and building houses on federal land
HousingWire Daily
Impact of Rising Mortgage Rates
This chapter examines how increasing mortgage rates are affecting the housing industry, particularly the stark contrast between larger firms like Rocket and smaller independent mortgage banks. It highlights the challenges for smaller lenders amid rising operational costs and declining profitability, while larger companies adapt through technological investments and resource leverage.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode