Analysis: Mortgage Vendor IPO Woes Reflect U.S. Housing Market Peak
Reuters, Feb. 22, 2021–David French, Chibuike Oguh
The investor pushback reflects concerns about the industry outlook, as mortgage rates gradually creep up with the economic recovery, and home price inflation begins to weigh on purchases. The Mortgage Bankers Association is forecasting a 49% decline in the number of refinancings in 2021.
https://www.reuters.com/article/us-usa-mortgages-ipo-analysis/analysis-mortgage-vendor-ipo-woes-reflect-u-s-housing-market-peak-idUSKBN2AM17K?il=0