Thursday, May 14, 2009

Conventional Purchase Mortgages Continue to Trend Down

Conventional Purchase Mortgages continued to trend downward in March. The chart below shows the trend over the last two years of monthly Conventional Purchase Mortgages nationwide.

Click on the image below to get a larger view.

The March 2009 numbers are nearly two-thirds lower than March 2008. It will be interesting to compare the numbers later on this Spring to see if there is any improvement.

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