Thursday, June 17, 2010

Without tax credit, home demand keeps slumping + application volume falls 12.2 pct

[mEDITate-OR:
sink, a lot lower, and not understand why...

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Overall mortgage application volume falls 12.2 pct
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Without tax credit, home demand keeps slumping
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Buyer Fatigue Grips the Housing Market

Buyer Fatigue Grips the Housing Market

Mortgage Purchase Applications Continue to Plummet
Mortgage purchases sunk for the 5th-straight week to a level not seen since early 1997
Mortgage applications from purchases continued to fall last week by another 5.7%
They're down an amazing 42.4% since the credit expired at the end of April. 
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