Wednesday, August 20, 2008

New Hampshire Conventional Mortgages


As New Hampshire conventional mortgages continue to decline over the past year, Merrimack Mortgage has continued to work through the decline capturing a top five seat for all of New Hampshire's market share. As we have previously viewed this week, Merrimack Mortgage continues to rise and beat out powerhouses such as Wells Fargo and Countrywide in government insured mortgages and now we find them coming close in conventional mortgages. The graph shows the monthly conventional purchase mortgage originations over the past years and one can see the decline in these mortgage sales. What is continuing to help Merrimack in this depressed New Hampshire home purchase market?

2 comments:

Anonymous said...

Are these purchases or refis?

mortgagedataweb said...

PURCHASES.

Thank you for your question.