Notary signing agents have seen a huge drop in mortgage refinancings. Some notaries have found work performing field service inspections to fill the gap. Notary signings will continue to trend down as the Federal Reserve Bank takes the U.S. farther away from low interest rates. As the economy grows, federal reserve monetary policy says interest rates will increase and refinances will decrease.
Ben S. Bernanke said the mortgage market is so tight that even he is having a hard time refinancing his own home loan.
Bloomberg reports that the former Federal Reserve chairman, speaking at a conference in Chicago yesterday, told moderator Mark Zandi of Moody’s Analytics Inc. — “just between the two of us” — that “I recently tried to refinance my mortgage and I was unsuccessful in doing so.”
When the audience laughed, Bernanke said, “I’m not making that up.”
“I think it’s entirely possible” that lenders “may have gone a little bit too far on mortgage credit conditions,” he said.
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Notary signing agents have seen a huge drop in mortgage refinancings. Some notaries have found work performing field service inspections to fill the gap. Notary signings will continue to trend down as the Federal Reserve Bank takes the U.S. farther away from low interest rates. As the economy grows, federal reserve monetary policy says interest rates will increase and refinances will decrease. 
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