Comments on: Recovery? Mortgage apps down, prime delinquencies up http://blownmortgage.com/2009/07/01/recovery-mortgage-apps-down-prime-delinquencies-up/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Sat, 07 Nov 2009 02:53:18 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: Glenn http://blownmortgage.com/2009/07/01/recovery-mortgage-apps-down-prime-delinquencies-up/comment-page-1/#comment-70744 Glenn Thu, 02 Jul 2009 21:43:35 +0000 http://blownmortgage.com/2009/07/01/recovery-mortgage-apps-down-prime-delinquencies-up/#comment-70744 I agree with the basic premise of the article. There's been caution all across the board. Even consumers who are still employed don't want to spend, and that means they don't want to take the risk of getting a new house and the accompanying mortgage. They're just not sure how long their jobs will last.<br><br>Until new industry is established in the U.S., consumers will continue to retreat from spending. I agree with the basic premise of the article. There's been caution all across the board. Even consumers who are still employed don't want to spend, and that means they don't want to take the risk of getting a new house and the accompanying mortgage. They're just not sure how long their jobs will last.

Until new industry is established in the U.S., consumers will continue to retreat from spending.

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