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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Paul Kern who wrote (180140)1/28/2009 10:25:52 AM
From: PerspectiveRead Replies (1) | Respond to of 306849
 
Understood, but rates did pop about 50bps, and I was waiting to see how much of an impact that would have on refis. I'm also skeptical of the data right now. There are tons of applications, sure, but what proportion of those are actually getting approved given the huge drop in housing prices and the increased caution on the part of lenders?

`BC