Posted by cawest/PA on 9/15/10 9:18am
Msg #352748

hope we all see a turn around on this

http://news.yahoo.com/s/nm/us_usa_economy_mortgages

hagd

Reply by MW/VA on 9/15/10 4:24pm
Msg #352795

That's not what I'm seeing in my area. Refi's are way up

due to low rates. True, there are a lot of VA & FHA Streamline Refi's (no qualifying, no appraisal, no issue of property value raised). I'm also seeing a more RM's as more people decide that is a good economic move for them. Many people posted that August was a great month for them.
My gut tells me that we will be busy the remainder of the year. I trust that more than what I read. LOL

Reply by cawest/PA on 9/15/10 5:23pm
Msg #352810

Re: That's not what I'm seeing in my area. Refi's are way up

July and August were indeed very busy but september has taken a slow (at least here in my area and for the end of the month I am 27% dpwn compared to last month)