Sunday, October 25, 2009

Correction-CY 2009 YTD Volume Increased by 65% vs. Last Year YTD; Looks Like 20,000+ Loans for CY is Possible.

Correction, forgot to subtract 1 when calculating % change, calculations now corrected.
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Some quick FHA purchase and refi (no HECM) loan comparisons:

CY YTD 2008 -CY YTD 2009:

Purchase Refi Total
CY Thru Aug 08 3,974 4,920 8,894
CY Thru Aug 09 6,551 8,153 14,704
% INCREASE, CY YTD 09 vs 08
65% 66% 65%

(Looks like purchase and refi loans will top 20,000 for the CY).

August 2009 and August 2008:

Purchase Refi Total
Aug-08 914 830 1,744
Aug-09 1,255 858 2,113
CY Aug 09/CY Aug 08 INCREASE
37% 3% 21%


Originally created and posted on the Oregon Housing Blog.

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