Mortgage Applications Surge

As reported by CNNMoney.com - "Mortgage applications more than double":

Mortgage applications more than doubled last week, a mortgage bankers' group said Wednesday, as government bailouts led to sinking interest rates that made refinancing especially more attractive.

In the weekly report, the Market Composite Index - the association's measure of mortgage loan application volume - surged 112.1% on a seasonally adjusted basis from the week earlier.

If you're looking to buy a home; you're one of the lucky few who can still get a loan; you don't have another home to sell; you're looking to stay put for 5-7 years; WHAT ARE YOU WAITING FOR? If it looks like we're screaming, we are!

There are phenomenal deals to be had in many markets and rates in nearly all markets are EXTREMELY attractive right now. Do yourself a favor and get out there and find yourself a good deal.

Obviously, some of you already have!