In the last few months, as the Fed has jawboned a rate hike into markets, mortgage applications in America have collapsed 30% to 10-month lows – plunging over 9% in the last week as mortgage rates approach 4.00%. Notary signing agents get more refinancing activity when interest rates are headed down and less activity when interest rates are headed up.
Many notary signing agents fill some of the gaps performing field inspections for the higher quality firms that pay the higher fees.
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