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York and Lancaster Counties Rock Hill - Fort Mill - York - Tega Cay - Lancaster
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Old 06-01-2018, 12:25 AM
 
Location: Rock Hill
1,218 posts, read 2,998,564 times
Reputation: 391

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They just opened in Indian Land and promised hundreds of new jobs, but already are laying some people off:

Movement Mortgage lays off 100 in Charlotte, elsewhere | Charlotte Observer
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Old 06-02-2018, 05:48 PM
 
107 posts, read 197,523 times
Reputation: 89
Mortgage industry is always uncertain
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Old 06-03-2018, 12:10 AM
 
Location: Rock Hill
1,218 posts, read 2,998,564 times
Reputation: 391
With all the houses and condos going up within a 5 mile radius, im shocked thats not enough to keep things on the up and up.
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Old 06-08-2018, 09:11 AM
 
Location: Charlotte
2,416 posts, read 2,734,998 times
Reputation: 3391
A good bit of the mortgage business is supported by refinances, which are declining as interest rates rise.
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Old 07-03-2018, 12:13 PM
 
40 posts, read 55,075 times
Reputation: 20
Another thing to consider is that even though they are throwing up houses and condos left and right, the prices have gone up by like 200%!! It is a terrible time to buy, and the smart ones won't be sucked in to buy in this market. Other than refinancing, that has a lot to do with it. Movement also has a lot of competition...especially locally.
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