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« To Merge With Rackspace | Main | Ice Ice Baby »

October 04, 2007


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Jack Campbell

It's interesting to read what the markets were like in '07. Just a reminder how quickly times change.

Jack Campbell - Carlsbad Homes

home buyer

2010 was kinda a bizarre year for the mortgage market. In the first half of the year, you had a decent number of home sales keeping mortgages for purchases stable, thanks to the home buyer credit. In the second half of the year, that changed as demand crumbled when the credit was withdrawn. At the same time, you had very low mortgage interest rates throughout much of the year cause a mini-refinancing boom. 2011 will look very different, as the housing demand continues to struggle and mortgage interest rates have begun rising.

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