As home equity levels improve, the move-up buyer is back on the market.
Loan demand surged 11.2 percent last week as interest rates eased slightly from their yearly highs.
Topics: Mortgage Acts and Practices
"The national upward trend in remodeling is unmistakable," says an industry spokesman about the latest remodeling index results.
Some lenders are bringing back "lock and shop" programs to help home buyers lock in mortgage rates during their house-hunt so they won't need to fear rising rates.
Meet Good Neighbor Finalist Rebecca Moniz, who helps Rhode Island National Guard soldiers and their families stay in their homes while building awareness in the community.