http://www.therealestatebloggers.com/2007/08/29/mortgage-demand-up-10-percent-from-last-year-for-this-week/ Real Estate Blog, Mortgage, and Development News Mon, 15 Mar 2010 01:17:42 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://www.therealestatebloggers.com/2007/08/29/mortgage-demand-up-10-percent-from-last-year-for-this-week/comment-page-1/#comment-65685 Dan Thu, 30 Aug 2007 01:48:09 +0000 http://www.therealestatebloggers.com/2007/08/29/mortgage-demand-up-10-percent-from-last-year-for-this-week/#comment-65685 Jerry is correct. just cause mort. apps are up, doesn't mean actual lending is up. Jerry is correct. just cause mort. apps are up, doesn’t mean actual lending is up.

]]> http://www.therealestatebloggers.com/2007/08/29/mortgage-demand-up-10-percent-from-last-year-for-this-week/comment-page-1/#comment-65512 Jerry Wed, 29 Aug 2007 16:20:41 +0000 http://www.therealestatebloggers.com/2007/08/29/mortgage-demand-up-10-percent-from-last-year-for-this-week/#comment-65512 Dont fall for the "mortgage applications up" trap. Folks now having to apply numerous times to find a place that will approve their loan adds numbers to that pile. If applications were up, then sales volume would pick up, and that is not going to happen. Also consider the basket of mortgage units polled wre probably the larger firms, and now that they are the only ones left, applications may rise in this survey, but not rise in hard numbers. Dont fall for the “mortgage applications up” trap. Folks now having to apply numerous times to find a place that will approve their loan adds numbers to that pile. If applications were up, then sales volume would pick up, and that is not going to happen. Also consider the basket of mortgage units polled wre probably the larger firms, and now that they are the only ones left, applications may rise in this survey, but not rise in hard numbers.

]]> http://www.therealestatebloggers.com/2007/08/29/mortgage-demand-up-10-percent-from-last-year-for-this-week/comment-page-1/#comment-65503 Sue Wed, 29 Aug 2007 14:57:41 +0000 http://www.therealestatebloggers.com/2007/08/29/mortgage-demand-up-10-percent-from-last-year-for-this-week/#comment-65503 Interesting. I guess those who have solid credit, provable income and decent down payments or equity are taking advantage of the low interest rates and/or prices. Nice to know that there are still some people out there in that situation! Interesting. I guess those who have solid credit, provable income and decent down payments or equity are taking advantage of the low interest rates and/or prices. Nice to know that there are still some people out there in that situation!

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