Good news for Oklahoma and the Midwest region. It appears that the real estate market is coming back in the regions hit so hard during the recession period. While our market has remained strong the return of the real estate market nationally will improve our values. Read below for more information.
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Mortgage originations are up in the New England area, according to new data from The Warren Group’s Mortgage MarketShare Module.
Massachusetts, Connecticut and Rhode Island all recorded strong activity so far this year. Massachusetts has been the strongest,28 percent in the state. Purchase mortgages increased almost 13 percent, refinance mortgages rose 32 percent.
Connecticut mortgage activity is up more than 16 percent in 2012 Purchase mortgages 11.5 percent, refinance mortgages are up 17 percent
Rhode Island mortgage activity has also improved, but only in the refinance sector, purchase mortgages dropped 3.8 percent
Let’s keep watching for more signs of improvement. PLUS let your voice be heard during the elections this year.
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