# Great News!

**URL:** <https://forum.nachi.org/t/great-news/72775>\
**Category:** Misc. Discussion\
**Created:** [October 20, 2012, 5:48pm UTC](https://forum.nachi.org/t/great-news/72775 "2012-10-20T17:48:00Z")\
**Posts on this page:** 11\
**Page:** 1

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**Author:** ![bboerner](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/bboerner/32/354840_2.png) [@bboerner](https://forum.nachi.org/u/bboerner)\
**Post date:** [October 20, 2012, 5:48pm UTC](https://forum.nachi.org/t/great-news/72775/1 "2012-10-20T17:48:00Z")

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Fox news is reporting banks nationwide are having trouble keeping up with mortgage applications nation wide. Should be a great 2013.

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**Author:** ![drange](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/drange/32/58247_2.png) [@drange](https://forum.nachi.org/u/drange)\
**Post date:** [October 20, 2012, 6:27pm UTC](https://forum.nachi.org/t/great-news/72775/2 "2012-10-20T18:27:51Z")

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That would be nice, Billy.

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**Author:** ![mlarson](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/mlarson/32/89225_2.png) [@mlarson](https://forum.nachi.org/u/mlarson)\
**Post date:** [October 20, 2012, 7:26pm UTC](https://forum.nachi.org/t/great-news/72775/3 "2012-10-20T19:26:42Z")

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> [@bboerner](#):
>
> Fox news is reporting banks nationwide are having trouble keeping up with mortgage applications nation wide. Should be a great 2013.

What percentage of those are refis?

Update:

> [@](#):
>
> The share of applications filed to **refinance** an existing mortgage represented **about 82% of total applications**
> 
> Read more: [http://www.foxbusiness.com/news/2012/10/17/us-weekly-mortgage-application-volume-drops-14/#ixzz29rx6G87D](http://www.foxbusiness.com/news/2012/10/17/us-weekly-mortgage-application-volume-drops-14/#ixzz29rx6G87D)

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**Author:** ![bboerner](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/bboerner/32/354840_2.png) [@bboerner](https://forum.nachi.org/u/bboerner)\
**Post date:** [October 20, 2012, 7:37pm UTC](https://forum.nachi.org/t/great-news/72775/4 "2012-10-20T19:37:56Z")

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> [@mlarson](#):
>
> What percentage of those are refis?
> 
> Update:

Forget what I said then. Thanks Mike 🙂

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**Author:** ![swaskewicz](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/swaskewicz/32/1400_2.png) [@swaskewicz](https://forum.nachi.org/u/swaskewicz)\
**Post date:** [October 20, 2012, 7:42pm UTC](https://forum.nachi.org/t/great-news/72775/5 "2012-10-20T19:42:18Z")

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Wait til the [fiscal cliff](http://marketday.nbcnews.com/_news/2012/10/19/14560618-fiscal-cliff-may-be-bigger-threat-than-investors-think?lite) hits in January…:roll:

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**Author:** ![mlarson](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/mlarson/32/89225_2.png) [@mlarson](https://forum.nachi.org/u/mlarson)\
**Post date:** [October 20, 2012, 8:39pm UTC](https://forum.nachi.org/t/great-news/72775/6 "2012-10-20T20:39:20Z")

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> [@bboerner](#):
>
> Forget what I said then. Thanks Mike 🙂

No problem.

I thought it might be.

A couple of my kids just refied.

We are entering the slow season here.

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**Author:** ![vsantos](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/vsantos/32/188006_2.png) [@vsantos](https://forum.nachi.org/u/vsantos)\
**Post date:** [October 21, 2012, 1:16am UTC](https://forum.nachi.org/t/great-news/72775/7 "2012-10-21T01:16:53Z")

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Houses are moving here in Southeast Michigan. I’m as busy as I want to be and am taking on another inspector next Summer.

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**Author:** ![mauger](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/mauger/32/178937_2.png) [@mauger](https://forum.nachi.org/u/mauger)\
**Post date:** [October 21, 2012, 1:48am UTC](https://forum.nachi.org/t/great-news/72775/8 "2012-10-21T01:48:16Z")

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Even if a good percentage are re-fi’s, it should be at least some up tick for us…which may not be “great news” but at least pretty good news…

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**Author:** ![wwilson3](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/wwilson3/32/58197_2.png) [@wwilson3](https://forum.nachi.org/u/wwilson3)\
**Post date:** [October 21, 2012, 11:36am UTC](https://forum.nachi.org/t/great-news/72775/9 "2012-10-21T11:36:01Z")

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It has been steady here too, Homes are selling .

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**Author:** ![sdhiman](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/sdhiman/32/340016_2.png) [@sdhiman](https://forum.nachi.org/u/sdhiman)\
**Post date:** [October 22, 2012, 3:39pm UTC](https://forum.nachi.org/t/great-news/72775/10 "2012-10-22T15:39:35Z")

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It is slowing down here in GTA area.

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**Author:** ![belliott](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/belliott/32/57038_2.png) [@belliott](https://forum.nachi.org/u/belliott)\
**Post date:** [October 22, 2012, 6:36pm UTC](https://forum.nachi.org/t/great-news/72775/11 "2012-10-22T18:36:47Z")

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Surprising it is steady here so far though have had higher percentage postpone and larger percentage of price shoppers which seems to occur during slower periods judging from past history.
