Mortgage Applications Rose to Highest Level!

By
Real Estate Agent with The Romanski Group/ Keller Williams Realty

Considering Buying or Selling Soon?

According to the Mortgage Bankers Association, mortgage applications rose to the highest level of the year last week. Overall, applications increased 15.5 percent, reaching the highest point they have been since May 2010.

"An improving job market is beginning to pave the way for an improving housing market," said Michael Fratantoni, MBA's vice president of research and economics. "Additionally, mortgage interest rates remained below 5 percent for a second week, maintaining affordability for buyers and leading to an increase in refinance applications."

At Keller Williams Realty Lafayette, our showing activity on our current listings reached an all time last week since April 2010!

Are you looking to take advantage of low mortgage rates? Are you ready to being your search for a home in Lafayette IN or West Lafayette IN?  Perhaps you are considering selling your home and feel now is the best time to take advantage of this market.  Contact The Romanski Group with Keller Williams Realty Lafayette today for more information on the Lafayette IN real estate market!

Source: REALTOR® Magazine | Full Article

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Rainmaker
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Robert Rauf
HomeBridge Financial Services (NJ) - Toms River, NJ

The last few weeks we have seen a big improvement in mortgage rates, borrowers that felt they may have missed the boat last fall are probably jumping on this recent drop.  That is probably the only good thing coming out of the turmoil in the middle east!

Mar 09, 2011 08:34 AM #1
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Rainer
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The Romanski Group

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