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WASHINGTON – The Fannie Mae Home Purchase Sentiment Index (HPSI) rose 2.5 points in March to 88.3, reversing last month’s decrease.

CHARLOTTE, N.C.–Cash-out refinancing is being increasingly used by borrowers and homeowners looking to renovate their homes, consolidate debt, make a purchase, or even as a down payment for a second home, according to a study by Lending Tree that also reveals which cities have the highest levels of cash-out refi’s.

ALBUQUERQUE, N.M. — Construction is under way on the expansion of Nusenda Credit Union’s administrative offices in Northeast Albuquerque to accommodate growth in the financial institution’s membership and employment.