The Stars Align
Snip...
["All the stars are aligned [for a fizzling down of the housing market] but we've had many times in the past [that] this had happened, so we'll have to see real confirmation in the data," Shapiro says.
Mortgage applications, he says, will continue to provide real-time readings of demand.
In the week ended Sept. 9, the Mortgage Bankers Association said applications for new-home loans and refinancing fell 1.4%, after rising 6.8% the previous week, as long-term rates rose.]
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["All the stars are aligned [for a fizzling down of the housing market] but we've had many times in the past [that] this had happened, so we'll have to see real confirmation in the data," Shapiro says.
Mortgage applications, he says, will continue to provide real-time readings of demand.
In the week ended Sept. 9, the Mortgage Bankers Association said applications for new-home loans and refinancing fell 1.4%, after rising 6.8% the previous week, as long-term rates rose.]
More...
posted by Little_Silvered at 4:53 PM
1 Comments:
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Come and check it out if you get time :-)
new orleans real estate Real Estate*
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