Wednesday 4th December
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Mortgage Originations Are Down by 60-70% Year-Over-Year… But Everything’s Okay
Written on 20 Aug, 2014 at 5:13
So, the mortgage industry has seen originations fall in a single year by 60-70 percent, but the housing markets are okay, in fact they're recovering all around us every day, and prices are up. ... (Continue reading)
Demand for Mortgages Plummets, But It’s Not a Winter Storm, It’s More of an Ice Age
Written on 7 Mar, 2014 at 12:16
Do the math and it's easy to conclude that the number of homeowners unable or unwilling to move is high. If 30 percent are actually underwater, after adding sales commissions, moving expenses, and the need for a 20 percent... (Continue reading)