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Originally Posted by trichard
We were at the closing department yesterday to refinance. Loan officer says two years ago the villages was closing 650 per month; now its 150.
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Well, the rat-tat-tat of hammers has certainly quieted down in the past few months in areas that had been building in a frenzy. I have not heard much optimistic news about anything related to the economy. If 30 year fixed mortgages get down to 4.5 percent things might pick up.