3 ms·
It was not failing in the best possible market. Better was a successful lender for mortgage refinancing. Better struggled to establish itself within the purchas
by kshahkshah 2y ago
It was not failing in the best possible market. Better was a successful lender for mortgage refinancing. Better struggled to establish itself within the purchase market which has far more complex relationships.
- sgerenser 2y agoAnd once 30-year mortgage rates got to 5% or higher, the refinancing market basically dried up. Without much of a purchase mortgage business they basically had no business, regardless of how much better their technology was.