I heard a report this morning stating that sales of existing homes has slowed, but that always seems to be the case at this time of year, at least in our local market. I think people are too preoccupied with Thanksgiving and Christmas to think about buying a house this time of year.
I think the refi business will pick up after the first of the year when those post-Christmas credit card bills come rolling in.
Regards,
Scott Perry
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