As we check in on the Purchase Mortgage Market, applications are up just over 1% in the latest reporting period. As rates trended back down in November you say the purchase mortgage market stay strong even with the inventory of houses shrinking further and further. I expect that the Black Friday shopping season will not stop the steady scooping up of homes since there are still more buyers than sellers. Gobble, Gobble.
Michael Cantwell
Loan Consultant - Boca Raton, Florida
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