Weekly mortgage application data suggests that home buying demand may be strengthening to a level not seen since its summer collapse. Perhaps an improving job market is helping pave the way for an improving housing market. Lets hope so! And mortgage rates remained below 5 percent for a second week, maintaining affordability for buyers and leading to an increase in refinance applications.
If purchases are back at levels seen last spring, then this could indicate that we've finally recovered from our home buyer credit-induced hangover. Check out my website and give me a call at 505-720-4190 and we'll work together to find your new property.
Don't forget to ask about possible discounts at some of my favorite Albuquerque restaurants!
Thanks - Alice C Smith