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Big Data
After the housing bubble burst, consumers have been less willing to tap into equity on their homes
It would be the third consecutive rate cut
Bitcoin is having a positive bounce as October nears its end
Volume was up 5% over the previous week thanks to long term interest rates falling again
Overall National Home Price Index rose over 3% in July
Fannie jumped 26% to $3.42 late Monday morning, Freddie Mac rose 25% to $3.22
An uncertain economy with no sense of urgency to lock in on a low rate leaves little incentive to move quickly
Even if people do not have banking history, they do have an online footprint
Moderate Income earners are likely priced out of the market, particularly in major cities
Analysts continue to be concerned with limited growth potential
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