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Mortgage applications drop to lowest level in over 2 years


areyentiraidhi

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3 minutes ago, veerigadu said:

People are being cautious ayitheee. Just waiting mode lo untaruuuu emo konni days 

this does not reflect real situation

refinance dropped as most got it below 3, mortgage application is just a basic indicator not a recession indicator

loan defaults are the indicator

 

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4 minutes ago, veerigadu said:

People are being cautious ayitheee. Just waiting mode lo untaruuuu emo konni days 

cautious kaadu common sense, if one has 2.75 APR, why would they try for 3.6 APR now for Refi

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30 minutes ago, pakeer_saab said:

recession occurs due to loan defaults and job layoffs..none of these are present today, stop BS'ing

I’ll tell you how 300k house 550K aytey alane start avtay 

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1 hour ago, areyentiraidhi said:

 

 

This means that there are no homes to buy in this market… very few people are able to buy homes in this market… whoever wants to refinance already did it last year at the lowest rates possible 

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