Venus fly-trap...lure them in with that succulent rate then in 2 years when their home values drop shut the trap.
Another data point against CNBC's recession narrative
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Sharp drop in rates sparks 23.5% spike in weekly mortgage applications after unusually weak holidaysHomebuyers returning to the market after the holidays may have been inspired by the drop in rates, but stock market volatility and the government shutdown could keep some of those mortgage applications from closing. Still winning! realDonaldTrump 🙏🇺🇸❤️ Thank you trump “unsually weak” holidays! Dude its usual when interest rates are up and regulations inhibit plebs from getting a new app done and have already maxed at their passed refinance! “unsual” getf out of here with that b.s
Source: CNBC - 🏆 12. / 72 Read more »
Foreclosures And Underwater Mortgages Fall To Lowest Rate In YearsGetting a mortgage might be more expensive these days, but for those who already have one? It seems staying current on those loans is now easier than ever. According to new data, October saw the country’s lowest overall mortgage delinquency rate since 2001.
Source: Forbes - 🏆 394. / 53 Read more »
Weekly mortgage applications drop 5.8% as stock market plunge unnerves potential buyersEven with mortgage rates at the lowest level in three months, homebuyers are pulling away from the housing market.
Source: CNBC - 🏆 12. / 72 Read more »
Mortgage applications plummet nearly 10% to end 2018, despite lower ratesThe numbers are surprising, given that homebuyers and homeowners looking to refinance could have taken advantage of lower interest rates. I guess those SALT deduction caps actually have an impact. Who knew?
Source: CNBC - 🏆 12. / 72 Read more »
Mortgage applications surge 13.5% as borrowers rush to take advantage of lower ratesThat is its highest level since February 2018 and came after a 23 percent jump the previous week. Volume was just 0.5 percent lower compared with the same week one year ago Seems like you guys are undecided on how to report data. Just another news outlet that is bent on weird headlines ClickBait The market is so weird right now
Source: CNBC - 🏆 12. / 72 Read more »
Mortgage applications pull back 2.7% as rates turn higher againThe change was tiny, but so many borrowers have already refinanced at rock-bottom rates that there is a very small pool of those left who can still benefit from a refinance. So real estate Market gonna cool down?
Source: CNBC - 🏆 12. / 72 Read more »