Advertisement
New Zealand markets close in 4 hours 10 minutes
  • NZX 50

    11,794.96
    -5.82 (-0.05%)
     
  • NZD/USD

    0.5997
    -0.0008 (-0.14%)
     
  • NZD/EUR

    0.5577
    -0.0003 (-0.04%)
     
  • ALL ORDS

    8,082.30
    +16.80 (+0.21%)
     
  • ASX 200

    7,812.80
    +19.50 (+0.25%)
     
  • OIL

    78.25
    -0.13 (-0.17%)
     
  • GOLD

    2,322.60
    -1.60 (-0.07%)
     
  • NASDAQ

    18,091.45
    -2.12 (-0.01%)
     
  • FTSE

    8,313.67
    +100.18 (+1.22%)
     
  • Dow Jones

    38,884.26
    +31.99 (+0.08%)
     
  • DAX

    18,430.05
    +254.84 (+1.40%)
     
  • Hang Seng

    18,479.37
    -98.93 (-0.53%)
     
  • NIKKEI 225

    38,453.14
    -381.96 (-0.98%)
     
  • NZD/JPY

    92.8130
    +0.0080 (+0.01%)
     

Here's Why UWM Believes Brokers Are Better

Here's Why UWM Believes Brokers Are Better

The Fed raised the Federal Funds rate aggressively in order to combat inflation, which pushed up mortgage rates to the highest level in years. UWM Holdings (NYSE: UWMC) is the parent company of United Wholesale, which is the largest mortgage originator in the United States. In mortgage origination, there are basically three general business models.