Posted To: Pipeline Press

Sorry the commentary was a little late today. I was on the phone dealing with my car’s extended warranty. Per the personalized recording, they’ve been trying to reach me for quite some time! Returning to reality, but speaking of cars, has anyone noticed the number of oddly-colored cars on the roads increasing? Seems like Subaru and Toyota are leading the charge into unusual shades of blue, gray, green, and orange. As the pandemic winds down, those oddly colored cars aren’t what lenders are focused on. Rates continue to slide as everyone waits for the expected economic rebound to push them higher . Profit margins continue to be under pressure, but in some segments are holding up. Eventually tight margins will force some out. Price margin adjustments are constantly being done…(read more)

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Source: Mortgage News Daily