Posted by ME/NJ on 7/25/13 2:11pm
Msg #478021

The slow down has started in my area

It's Thursday and by this time half of next week should be booked up, last week had 7-8 pre booked week before 20+ and now 0..

also rates have gone up on most 30 yr deals each week, 3 weeks ago under 4 last week 4.16 this week 4.35 and up.

Reply by Barbara___IL on 7/25/13 2:45pm
Msg #478022

Don't you think it's also because of the time of month...last couples of days and first week?

Reply by CJ on 7/25/13 3:36pm
Msg #478028

EOM is tomorrow, and I am NOT busy AT ALL. n/m

Reply by ME/NJ on 7/25/13 5:30pm
Msg #478050

Never slow for me till the first of the month, I plan time off or other things for the first couple days of each month. Looks like things may go the way it use to in the past Slow the first 7 days, busy for mid month close and EOM week bulk of work.

I hope the above does not happen but with the rates up, its up to LOs and UW to keep us busy with alt ways to get people to borrow.

Reply by JanetK_CA on 7/25/13 5:48pm
Msg #478054

In a word, NO. Summers are usually a busy time. n/m

Reply by ToniK on 7/25/13 4:52pm
Msg #478046

Very slow in my area. Only 8 this week. 3 tomorrow. Been slow/dead for me since May.

Reply by CJ on 7/25/13 11:58pm
Msg #478079

I agree: Summer is usually good.

I notice that it is generally slower between Halloween and Tax day. Too many holidays and spending money to do. But after taxes, people get a breather and think about refinancing. July and August are my busiest months. I can't remember in 13 years when I had NOTHING scheduled for the EOM (like I do for tomorrow). Hopefully, someone will have an emergency signing and call me. Either that or I will clean the house.

Reply by John/CT on 7/26/13 5:24pm
Msg #478169

"Started"? Been in mine for longer than I can remember :>( n/m