not see the shifts in RE borrowing...
What Sold at the Top's three charts show U.S. is that as mortgage rates were forced down in mid 09 the REFI numbers tracked - as rates went down, REFI apps went up.
What we see with Purchase Apps is quite different. Obviously the Fed buyer's tax credit programs show a huge impact on both new and existing home sales and mortgage apps.
---------
-----------
----------------
==========
Weekly Mortgage Survey Shows Slight Drop in 30-Year Rates Rise in Application and Refinance Volumes
http://seekingalpha.com/article/233136-weekly-mortgage-survey-shows-slight-drop-in-30-year-rates-rise-in-application-and-refinance-volumes?source=dashboard_macro-view
============
No comments:
Post a Comment