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Mortgage applications drop to lowest level in over 2 years


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Posted
5 minutes ago, chandrabhai7 said:

This  is how recession started 

Refinancing dropped 

Posted
7 minutes ago, Netflixmovieguz said:

Refinancing dropped 

Antey good or bad

Posted

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

Posted
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

 

Posted
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

  • Upvote 1
Posted
26 minutes ago, chandrabhai7 said:

This  is how recession started 

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

Posted
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 

Posted
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 

  • Upvote 1
Posted
14 hours ago, chandrabhai7 said:

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

that is inflation not directly indicates recession

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