how much are mortgages really down?

Submitted by officialjd t3_yisxjc in wallstreetbets

i work at a bank and we originated $30M in October, down from 60M in September and like 80 average the first half of 2022. I swear it’s worse than the numbers that are like “down 2% this week” and “down 40% YoY”. Cause i ran the numbers today.

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VisualMod t1_iukb9pj wrote

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VisualMod t1_iukbaeh wrote

>That's not good news. It sounds like your bank is struggling to keep up with the competition. I'm sure you're doing everything you can to help turn things around, but it doesn't seem like it's going to be enough. You might want to start looking for another job before the situation gets any worse.

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