Home Loan Resources

“The Mortgage Bankers Association said its seasonally adjusted mortgage application index, boosted by increased demand for both purchase and refinance loans, rose 10.9 percent to 557.1 in the June 6 week.”

This is a good sign for the economy. I am seeing a lot of offers and deals on the bank owned properties getting approved. With all the buyers taking advantage of the lower priced housing and the overall low interest rates, we are optimistic in seeing a turn-around in the near future.

Obviously this will not happen over night, but I am seeing that light at the end of the tunnel.