Posted by Charm_AL on 3/14/06 3:49pm
Msg #104901

Geeze is it me?

Or is it slow? I have a few evening appointments for the rest of the week and more unfortunate turn-downs than I 'd like. A couple of pending appts based on SS getting the docs.

Did anyone else hear on the news this morning about the 'hot housing' ARM's offered a few years ago at 'great' rates are about to expire? Apparently sending people into either a re-fi or default?
When's the last time you did a purchase? It's been over 6 months for me.

Reply by SignerCA on 3/14/06 3:51pm
Msg #104904

Purchases are rare here...

I've done almost all refi's for months now.

Reply by SatomiCO on 3/14/06 3:58pm
Msg #104909

I did a purchase last week. Before that, I had one in January and three in December.

Reply by LilyMD on 3/14/06 4:03pm
Msg #104912

Same here Charm, I've been slower this week than last, but next week is looking promising. Keep your chin up.

Reply by Brenda/CA on 3/14/06 4:34pm
Msg #104923

While refinances seem to be most of my work, I have seen an increase in purchases, I have done five purchases in this month alone. It has been slower then usual, I have turned a few down. The main reason is lowball prices. I had a call this morning from a company that in the past had no problem paying $100.00 for a signing right here in town. They wanted me to travel 40 miles round trip for $50.00. I said I do not even leave my house for that amount of money. They said they have restructed their pay and could even find a notary to do it for $40.00 in my area. I told them to go ahead and find another notary, she then said I would be removed from their database because I will not work within their new rate schedule. Let somebody work for $40.00 or $50.00, I will just continue with my spring cleaning, while I await a decent offer.

Reply by DellaCa on 3/14/06 4:47pm
Msg #104927

Good for you Brenda!
No Charm its not just you , but I have seen an increase in purchases.

Reply by Joan Bergstrom on 3/14/06 4:55pm
Msg #104928

I have done several 80-20 and many 2nd mortgages. I don't think I did a 2nd mortgage in all of 2004 & 2005. This business is always changing. I haven't done a purchase in almost 6 months.

Reply by Charm_AL on 3/14/06 5:01pm
Msg #104929

I have done several seconds lately, and 80/20s. It seems to be picking up with HELOCS lately, lots of o.n. pkgs.

Reply by patricia on 3/14/06 5:21pm
Msg #104932

I have done one purchase so far this month and at least one last month, both were las vegas
new homes.

Reply by Janel Nichols on 3/14/06 6:14pm
Msg #104944

Re: Yup...I have been slow too... n/m

Reply by Sanders Signing Services on 3/14/06 6:39pm
Msg #104958

With rates going up the purchase market usually does drop. More and more mortgage companies use the title companies to sign their purchases also.

Reply by Margaret_FL on 3/14/06 6:55pm
Msg #104960

Purchases is all I have been doing lately, I have 2 Friday and 1 Saturday. I have done 52 Purchases since
Oct/2005.