Real estate data firm CoreLogic says recent employment growth, low mortgage rates and home affordability are signs of a breakthrough in the American economy.
CoreLogic released its latest MarketPulse report, showing new mortgage originations rose to $108 billion in October compared to $60 billion in May. Refinancings rose, as well, and represented 74% of all mortgage origination activity.
Read More: http://www.housingwire.com/article/corelogic-clogged-foreclosure-pipeline-northeast-slowing-recovery
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