Mortgage Applications Rise, Led by Home Purchases

Applications for U.S. home mortgages rose last week as both purchase and refinancing applications increased, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 1.9 percent in the week ended July 4.

Really Cool Prefab Homes

Many people still think of prefab homes as “ticky-tacky” little boxes. But think again! There are many incredibly beautiful and interesting houses built with a variety of prefab methods. Prefab homes are now indistinguishable from site-built ones.