The Orange County Business Journal is reporting that LendingTree — an online search and comparison site for loans, including mortgages — cut 20 percent of its workers nationwide. (Bad joke alert: I guess we now know what happens if there aren’t enough banks competing).
LendingTree Lays Off 20 Percent
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Why are existing home prices rising when sales are still so low?
Existing home sales fell in today’s report, but home prices are still up year over year, even with higher inventory and higher mortgage rates.