Michael McKee provides a great chart on “Bloomberg Surveillance” showing how falling mortgage rates are not pushing mortgage apps up.
Tags: Bloomberg Surveillance, Michael McKee
[Bloomberg Video] Falling Mortgage Rates Aren’t Driving More Mortgage Loans
October 25, 2012 | 11:29 am |
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About Jonathan Miller
Jonathan Miller is President and CEO of Miller Samuel Inc., a real estate appraisal and consulting firm he co-founded in 1986. He is a state-certified real estate appraiser in New York and Connecticut, performing court testimony as an expert witness in various local, state and federal courts. He holds the Counselors of Real Estate (CRE) and Certified Relocation Professional (CRP) designations. He is an Appraiser “A” Member of the Real Estate Board of New York and a member of Relocation Appraisers and Consultants, Inc.
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Columns by Jonathan Miller
'Three Cents Worth' column 3CW ('05- )
Curbed NY
Curbed DC
Curbed Miami
Curbed Hamptons
Curbed LA
Curbed Ski
Curbed 3CW Full Chart Archive
Op-ed column ('14-'15 )
'Economic Spotlight column ('03-'09)
New York Times experiment ('08-09')
Huffington Post (09')
Additional Information
The Manhattan Market by Zip Code on
They leave out the fact that there’s no inventory for buyers.
With much of the market being underwater, refinance and selling opportunities are limited or less attractive.