forgot password?   register

#housing #investing #politics more»
735,948 comments in 75,704 posts by 10,907 registered users, 5 online now: AllTruth, FP, marcus, Straw Man, TwoScoopsMcGee

new post

Falling Mortgage Rates Are Not Creating Housing Sales

By Patrick   2012 Nov 27, 11:48am   361 views   0 comments   watch (0)   quote

I thought I’d explore the effectiveness of low mortgage rates in getting the housing market going. I matched year-to-date sales volume where a mortgage was used and mortgage rates broken out by conforming and jumbo mortgage volume. Mortgage volume has been falling (off an artificial high I might add) since 2005, while rates have continued to fall to new record lows, yet transaction volume has not recovered.


users   about   suggestions   contact  
topics   random post   best comments   comment jail  
patrick's 40 proposals  
10 reasons it's a terrible time to buy  
8 groups who lie about the housing market  
37 bogus arguments about housing  
get a free bumper sticker:

top   bottom   home