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U.S. mortgage applications rose 8.3 percent compared to the previous week, CNN Money reported January 23, 2008.
"Refinance volume spurred the growth, increasing 16.9 percent. Purchase volume fell 4.6 percent during the week ending Jan. 18. Refinance volume accounted for 66 percent of all applications."
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I am a Massachusetts real estate broker and lawyer and co-founder/owner of Buyers Brokers Only, LLC. I am also a partner in the law firm of Rosa & Kres, LLP.
If you have a question for me about any aspect of the home-buying process (i.e., house hunting, mortgages, negotiations, buyer agency, purchase and sale, etc.), please don't hesitate to send me an email. I'm happy to try to answer your question.
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