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Mortgages - Banking Exchange
After the housing bubble burst, consumers have been less willing to tap into equity on their homes
It would be the third consecutive rate cut
Bitcoin is having a positive bounce as October nears its end
Volume was up 5% over the previous week thanks to long term interest rates falling again
Overall National Home Price Index rose over 3% in July
Fannie jumped 26% to $3.42 late Monday morning, Freddie Mac rose 25% to $3.22
An uncertain economy with no sense of urgency to lock in on a low rate leaves little incentive to move quickly
Moderate Income earners are likely priced out of the market, particularly in major cities
While almost 100% of analysts were predicting at least one rate cut, the June jobs report changed the equation
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