Tag Archives: Mortgage Applications

Reinventing Feudalism In America: Existing Home Sales Go Up While Mortgage Applications Fall?

Existing home sales and mortgage applications The news of rocketing home sales was plastered all over the headlines.  However, mortgage applications are going in the exact opposite direction (of course little was reported on this): The median home price in … Continue reading

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Mortgage Applications Have Biggest May Collapse Since Financial Crisis

It seems that the recent rise in interest rates, instead of the typical (pre-depression) behavioral tendency to make people nervous and rush to lock in low rates, has once again stalled any hope of an organic housing recovery occurring. While the … Continue reading

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