Housing affordability and mortgage rates near record lows, while inventories are close to record highs. Mortgage lender experienced an over 50 percent increase in purchase loans in April compared to March. MILFORD, CT – May 3, 2010 – (RealEstateRama) — Leading mortgage lender and broker Total Mortgage announced today that even though the first-time home buyer tax credit and repeat home buyer tax credit have expired, there are still a number of favorable market dynamics present in the housing market that continue to offer a once-in-a-lifetime opportunity for potential home buyers.
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