Generating a 56.5% return on their homes, sellers are still making quite a profit on their homes, but that number has dropped for the first time since 2011.
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Originator Profitability Declines in 2015
Although interest rates have been at historical lows, they are significantly up from 2012 lows. Not only has this caused many eligible refinancers to shy away from the market, but originators' profits are also suffering.
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