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Loan Modification

: Mortgage Lender Implode-o-Meter

The Glut in the Mortgage Market: Self-Reinforced and Going Down

By Implode-Explode Heavy Industries

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"The law of supply and demand is trumping the homebuyer tax credit. The glut of housing we mentioned on Tuesday is making itself evident with this news: The number of mortgage applications fell 1.9% last week. Both new purchases and refinances are down."

Full post as published by Mortgage Lender Implode-o-Meter on March 22, 2010 (boomark / email).

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