Growth in Cash Deals Cast Cloud Over Home Purchase Mortgage Market Heading into 2010
October 22, 2009
With the refinance mortgage market expected to run out of steam by the end of this year, industry players are increasingly looking to a recovering home purchase market to fuel mortgage lending growth in 2010 and beyond. But there is one potential speed bump in the road ahead: cash transactions. According to the Campbell/Inside Mortgage Finance Monthly Survey of Real Estate... [Includes one graph]