Death Valley: Mortgage Purchase Applications Drop 1.56% From Previous Week, Down 16% From Last Year (No Recovery)

Think the economy is rebounding? Think again! Housing and construction are the two driving wheels in the force of the economy – and Wall Street destroyed them along with the union / pension funds. Investors are not going to return until there are significant assurances that regulations are reinstated (Glass Steagall) and that they will be enforced. Until then folks – watch the decline. Thanks Neva for the heads up.

1 thought on “Death Valley: Mortgage Purchase Applications Drop 1.56% From Previous Week, Down 16% From Last Year (No Recovery)

  1. They scramble, and become very creative, to find numbers they can falsely hold up as positive and important, all while trying to cover up the numbers they want us NOT look at.

    I put better spin on golf balls.

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