RISING INTEREST RATES WON’T WIPE OUT THE MORTGAGE INDUSTRY IN 2017
Many mortgage originators and bankers have been worried about 2017 and how expected increases
in the federal funds rate will affect business. Starting in late 2015, the Federal Reserve embarked on its
fourth tightening regime since 1990. In addition, after the 2016 election, long-term rates increased further
because investors expect some sort of fiscal stimulus.
Luckily for mortgage originators worried about the effects of rising rates, the historical behavior of long-term interest rates can help put the current behavior of the bond market into context. By looking back at
recent interest rate history, we can alleviate fears that originators might have about the future. >>
Photo illustration by Dennis Wunsch
BY BRENT NYITRAY
Director of capital markets, iServe Residential Lending
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20 | Featured Top Originator
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22 | Q&A: Center for Responsible Lending
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24 | News Roundup
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28 | DataDecoded
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30 | Spotlight: Minnesota
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32 | Commercial Highlights
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170 | BackSpace
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Volume 24: Issue 5
35 | Navigating Red Flags
Understanding Collateral Underwriter messages can improve
your appraisal process
Richard Garrie, United States Appraisals
50 | You Must Give to Receive
Adding value for Realtor partners helps build relationships
Bubba Mills, Corcoran Consulting & Coaching Inc.
53 | Finding Comfort in History
Rising interest rates won’t wipe out the mortgage industry
Brent Nyitray, iServe Residential Lending
62 | Digital Ads Pack a Punch
Incorporating online marketing into your promotion strategy
expands your reach
Lauren Walker, Adwerx
66 | Avoiding Underwriting Pitfalls
Ask the right questions during preapproval to head off issues
John Pataky, Everbank