U.S. GDP Growth Revised Up to 3.0% Pace in Second Quarter … Bad News For The Dying Mortgage Order Mills
U.S. second-quarter growth was revised upward to the fastest pace in two years on stronger household spending and a bigger gain in business investment, putting the economy on a stronger track, Commerce Department data showed Wednesday.
GDP growth of 3% … and Trump is promising higher levels … will be the silver bullet that helps kill the mortgage segment. Huge volumes of $3 mortgage inspections are available as no one wants these junk inspections. Better jobs mean fewer people will be chasing $15 grass cuts and debris removal at $15 a cubic yard. The economy is changing as the mortgage segment dies.