The mortgage market is predicted to experience turbulence in 2023 due to extended periods of high interest rates, stricter qualification criteria and challenges for borrowers seeking to renew their mortgages.
During such uncertainty, borrowers rely heavily on mortgage brokers to guide them and offer valuable insights. As a broker, it is essential to step up and meet the expectations of clients by delivering top-notch service. However, a recent research found that only 26% of brokers are confident when looking ahead in 2023, and 74% are worried about their business in the next year.
This article is originally published by MortgageOrb. To read the entire article, click here.