Mortgages Up (Again)

Posted By: Dr. Frugal in Loans on 10/10/2007 at 05:51:58

This is why I don't worry about the home loan debacle tanking the entire market: mortgage applications were up again this week.

Well duh. Really, how worried can you be about a market that always has been, is, and always will be in demand? People need houses. People can't afford houses on their own. Ergo, people need home loans. Sure, the market has taken its lumps but come in, this isn't like investing in Iraqi Dinars--it's housing and before people start freaking out about a recession they really need to remember that people don't mind taking out money to buy a house.

Comments

No comments yet. Go ahead, be the first.

Leave A Comment:

Sections

Frugality (49)
(1)
Budget (15)
Credit (17)
Currency (22)
Economics (86)
Loans (39)
Politics (18)
Saving (20)
Taxes (39)

Education Lotto
Law for Student Loan Forgiveness
Homes For Sale
Pay-Option ARMs are the Best
APR and Mortgage Problems

Most Recent

Verizon Promotions

Biggest Bankruptcy Ever
Sarah Palin is an Idiot
Condoleezza for VP?
Great Depression 2
City Budget Cuts

Feeds

RSS/XML Feed

Dr. Frugal