The transaction includes about 123 loans and is expected to close by August
Refi activity also rose to 46.6% of total mortgage applications from 45.4%
Owning a property overseas used to be something that only the super-rich could afford. But in the last couple of decades many of us have taken advantage of money built up in the US property boom to buy our own piece of paradise abroad. And who can blame us? Great weather, an easygoing expatriate lifestyle, tasty food and more house for our money.