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.
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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?
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Reply by CJ on 7/25/13 3:36pm Msg #478028
EOM is tomorrow, and I am NOT busy AT ALL. n/m
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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.
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Reply by JanetK_CA on 7/25/13 5:48pm Msg #478054
In a word, NO. Summers are usually a busy time. n/m
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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.
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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.
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Reply by John/CT on 7/26/13 5:24pm Msg #478169
"Started"? Been in mine for longer than I can remember :>( n/m
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