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More - Celia Chen Quotes

I think we'll continue to see weaker housing starts, but the slowing will be more modest than the 8% decline we saw in February. - Celia Chen Quotes

I think we'll continue to see weaker housing starts, but the slowing will be more modest than the 8% decline we saw in February.

With job loss and credit quality as it is, you would think demand for housing would be more depressed, but it has remained remarkably resilient. - Celia Chen Quotes

With job loss and credit quality as it is, you would think demand for housing would be more depressed, but it has remained remarkably resilient.

Mortgage lending is an opportunistic business and when business declines, the instinct is to consolidate to become more efficient, and that is what we are seeing. - Celia Chen Quotes

Mortgage lending is an opportunistic business and when business declines, the instinct is to consolidate to become more efficient, and that is what we are seeing.

Even if interest rates weren't rising, home prices are very high relative to income. So, people are getting priced out and rising mortgage rates are making it worse. - Celia Chen Quotes

Even if interest rates weren't rising, home prices are very high relative to income. So, people are getting priced out and rising mortgage rates are making it worse.

It's pretty clear that housing is slowing. Rising mortgage rates and the very fast rising homes prices are constraining home buying. Homes are still considered affordable, but not as much so as a year ago. - Celia Chen Quotes

It's pretty clear that housing is slowing. Rising mortgage rates and the very fast rising homes prices are constraining home buying. Homes are still considered affordable, but not as much so as a year ago.

During the holiday-shortened week, the MBA may have overcompensated its seasonal adjustment of the data. - Celia Chen Quotes

During the holiday-shortened week, the MBA may have overcompensated its seasonal adjustment of the data.

People who spent money on travel and luxury goods are spending more money entertaining themselves at home. - Celia Chen Quotes

People who spent money on travel and luxury goods are spending more money entertaining themselves at home.

In order to purchase a home, a lot of people have to resort to risky mortgages. - Celia Chen Quotes

In order to purchase a home, a lot of people have to resort to risky mortgages.

It is very evident that the steam is coming out of the housing market even though rates moved down. - Celia Chen Quotes

It is very evident that the steam is coming out of the housing market even though rates moved down.

There is a strong push among immigrants to purchase homes. About a decade ago, this country had a surge in immigrants who have only recently begun the home buying process. - Celia Chen Quotes

There is a strong push among immigrants to purchase homes. About a decade ago, this country had a surge in immigrants who have only recently begun the home buying process.

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