JPMorgan's mortgage call centers are getting flooded as people are scrambling to refinance. It shows a rare bright spot for banks.
Published
· Banks are scrambling to keep up with surging mortgage demand. Amid falling interest rates, mortgage volumes have been soaring since the second half of 2019.
· That went into overdrive this week after the Federal Reserve announced a surprise, emergency cut to its benchmark interest rate in the face of the growing global...