With mortgage activity down again last week, is the housing recovery slipping away?
In the following video, Motley Fool financial analysts David Hanson and Matt Koppenheffer discuss another weekly report from the Mortgage Bankers' Association, which says that mortgage activity was down yet again last week, with refinancing transactions down as well for the fifth week running. Is this the end of the housing recovery or only a brief stall? Our analysts discuss what these numbers mean for mortgage lending in the U.S.
David Hanson and Matt Koppenheffer have no position in any stocks mentioned. The Motley Fool recommends and owns shares of Wells Fargo. It also owns shares of JPMorgan Chase. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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