Posted on: 25th Sep, 2009 03:52 am
What Does Purchase Mortgage Market Mean?
Thats is really very confusing
The term Mortgage Market means simply mortgage market for home financing transactions. The primary mortgage market is broken into two types of transactions:
1) purchases mortgage market.
2) refinances mortgage market.
Both fall under the overall category of mortgage originations.
The purchase market is decided by economic factors such as
1) employment.
2) income growth.
3) rate of home price appreciation.
1) purchases mortgage market.
2) refinances mortgage market.
Both fall under the overall category of mortgage originations.
The purchase market is decided by economic factors such as
1) employment.
2) income growth.
3) rate of home price appreciation.