Down 50%! The Refinance Boom Is Over

Mortgage interest rates are rising. Notary signings are down big as refinances was the biggest part of today’s notary signings. New loan originations are still a small part of the mix. Interest rates will continue to rise and continue to put a huge damper on refinances. The smart notary signing agents are diversified … they also perform field service inspections … and their revenue stream will be more stable as the refinance boom ends. When you are self-employed, you need a backup to the backup to the backup.