see that to get a new mtg we have to apply ourselves for one...
This chart shows U.S. that the Buyer Tax Credit actually DID increase interest in new & used homes, but that when time ran out to try to find one, they quit looking.
Too bad, too.
Bcuz, in many areas the prices dropped after the BTC end, and the current new buyers are able to find homes that are less expensive without the BYC than they were before WITH using the BTC. Go figure!
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Mortgage Applications Index at Lowest Level since 1997
by Dean Baker
29.06.10
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