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According to a new report by Redfin, the typical homebuyer could save an estimated $15,582 over five years, or roughly $260 per month, by taking out an adjustable-rate mortgage. That’s the largest savings in dollar volume for adjustable-rate mortgage (ARM) holders since at least 2015. ....
Redfin Corporation (NASDAQ:NASDAQ:RDFN) Q1 2022 Earnings Conference Call May 5, 2022, 04:30 PM ET Company Participants Meg Nunnally - Head of IR Glenn Kelman - CEO Chris Nielsen - CFO. ....
Traditional lenders and mortgage startups staffed up during the housing boom. Now the fastest rate spike in decades has led to industry-wide job loss. ....