May 10, 2025

Patty Arvielo

Mortgage

Lenders witness surge of mortgage demand this week

“I think the last few years have paid off for us. First off, we grew 60% last year,” Arvielo said. “So I think the consolidation of loan originators is part of it. I think the move-up buyer is driving the market, meaning a former first-time home buyer [who] now has a significant amount of equity.”

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