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You can no longer get a mortgage at Costco

Housing Wire

Homebuyers will have to look elsewhere to secure a mortgage, as the members-only big box store announced it’s no longer in the business of financing homes. Costco’s announcement says simply: “Members with questions regarding their current mortgage application and loan should contact the lender they have been working with.”.

Mortgages 370
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Four Horsemen of the Housing Apocalypse, Part 3: On a Black Horse – Recession

Notorious ROB

Revelation 6:5–6 NASB. Mortgage companies are laying off thousands as the higher rates are killing the refi business, and the general slowdown in the economy means demand is sharply lower. In part 1 , we covered legal and regulatory challenges to the real estate industry. Tech companies are cutting staff by the thousands.