General World News

Homebuyer demand hits highest level in 11 years

Purchase application volume hit the highest level since October 2009, rising 16% for the week and 8% from a year ago, according to Mortgage Bankers Association data. Refinance applications jumped 43% for the week and were 109% higher than one year ago. CNBC’s Diana Olick reports. read more >>>

Source:: CNBC.Com