Monday, September 29, 2008

Rapidly Growing Chicago FHA Market Continues in August

The rapid growth of the FHA market (and the rapid decrease of the Conforming market) continued in August. Below are two charts that show the rapid increase in FHA Purchase originations and rapid decrease in $Conforming Purchase originations in Chicago through August 2008.

Click on the image for a larger view.


Click on the image for a larger view.

Will there be a Conforming market left in September?




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