UWM drops rates to 50 to 100 basis points in bid for brokers

Jun 22, 2022, 12:17 PM by HousingWire

UWM dropped rates by 50 to 100 basis points across all loan types, the company said in a release. The new program follows UWM’s two-month price-match trial that ended Wednesday. In May, the firm said it will match competitors’ 30-, 45-, or 60-lock pricing by 1 basis point to a maximum of 40 basis points.

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