Boston Realtor Mike Mahoney
Michael Mahoney
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Posts Tagged ‘cnbc’

New Mortgage Purchases Highest in 9 Years

April 22nd, 2019 by Michael Mahoney

  • New Mortgage Applications for Purchases was 7% Higher Than a Year Ago
  • Mortgages for New Purchases Reached a 9 Year High Last Week
  • Mortgages for Purchases was 14% Higher Than the Same Week Last Year

“With mortgage rates up for the second week in a row, it’s no surprise that refinancings slid 8%, and average loan sizes dropped back closer to normal levels,”“The spring buying season continues to be robust.”  Joel Kan, Mortgage Bankers Association AVP of Economic and Industry Forecasting

Here were last week’s mortgage rates

If you are thinking about getting ready for a mortgage and not eliminated some debt or perhaps need to boost your credit score, you may want to check out the following posts

7 Steps to Improve Your Credit Score

6 Ways to Eliminate Excessive Debt

 

The source for this content was CNBC’s Diana Olick – here is the link to her original post

Reviews

5suzannechapman1208

I selected Mike after having a very unsuccessful experience with a previous broker. He had excellent ideas in helping to sell my house and continued to advertise it with a fresh perspective. His experience helped in a number of ways and I only wish we had... (more)

5goodlife99

This is the second property I have sold in Weymouth MA with Mike as my broker. He research the area and give you all the information you need to decide what to list your property for, so it sells timely. He also helps review and negotiate all offers and is... (more)

5SullyLemmons

We had been trying to sell our condo for well over a year and decided to give Mike a shot at it as he came well recommended. It was not easy for him but he persisted and had success. Even though it wasn't a big sale or profit for him, he acted as though it... (more)

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