Richard D. Lyons Real Estate Law Blog

There is a report today in The Economic Times that US mortgage applications fell for a second straight week, with a slump in demand
for government loans driving activity to its lowest level in three months.  The suggestion is that housing demand is down.  I believe that may only be a part, even very small part of the reason for the diminishing demand.

The issue that is not raised in news reports is what percentage of loan applications ever get accepted, or... Read More