The Soapbox

111Balz

Joined: 08/13/1998 Posts: 59786
Likes: 57352


Exactly.It actually feels pretty healthy to me. Mortgage lending


volume is off this year primarily because the refi boom is finally over. Interest rates have had less effect on new home sales than lack of inventory. Just got out of a meeting with the head of another bank's very large mortgage warehouse lending division - she quoted a large mortgage company as saying that more than 50% of their customers who have gotten pre qualified for a mortgage have not been able to find a house to buy.

(In response to this post by hoodeyo)

Posted: 07/12/2017 at 12:50PM



+1

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