Posted on Thursday, November 27, 2008
According to Reuters, applications for Green Valley home mortgages increased by 2 percent in mid-September. Applications are at their highest level since this past April. This rise was fueled by a few main factors.

A drop in interest rates by the Federal Reserve is the primarily reason. Homeowners are urged to refinance with lower interest rates. The second component is the excess of homes on the market. Prices are driven down with a surplus of homes.

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RE/MAX ONE SOUTH
8935 S Pecos Rd. Ste 22A
Henderson, NV 89074
Office: 702-735-5600
Direct: 702-596-6123
reagle058@msn.com

Click Here for our Green Valley Website
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