Posted by ME/NJ on 9/25/13 12:23pm
Msg #485932

Even the Title Warehouses starting to slow down

I have nothing for next week, not even Monday. That is a first for me in a very long time.

Reply by desktopfull on 9/25/13 1:47pm
Msg #485951

Does this really surprise you? First, FHA changes and borrower's are paying PMI for the full length of their loan. Second, interest rates having been going back up, I signed a loan yesterday that was 30 yr. fixed at 5.75%. Third, the Feds keep printing money so they can keep spending, while they write regulations increasing the amount of the reserves the banks must have on hand, which takes the money out of the private sector.

Reply by 101livescan on 9/25/13 10:31pm
Msg #486019

Knitting. Very calming and meditative.