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Mortgage News for Tuesday - January 21, 2003

More Mortgage News
• 2003 International Builders' Show Builds on Exceptional 2002 Returns
• Dream Catchers
Mortgage News
2003 International Builders' Show Builds on Exceptional 2002 Returns - 2003-01-21
The latest edition of the International Builders' Show started today at the Las Vegas Convention Center amid positive reports on 2002 housing starts.

Builders hope 2003 will continue 2002's torrid pace in Las Vegas and beyond, helped by attractive mortgage rates. The government statistics released Tuesday put starts at a seasonally adjusted annual rate of 1.70 million, up 6.4 percent from 2001, and the best year for home builders since 1986.
Read the full story at Builder Online
 
Dream Catchers - 2003-01-21
If you're not sure certain market research is a wise investment, just ask Tony Green, managing partner of the Pinehills development in Plymouth, Mass.

The market's in difficult times in Colorado despite low mortgage rates, and we see builders spending more time and effort on research," says Mike Rinner, senior analyst at The Genesis Group, in Denver.
Read the full story at Builder Online
 






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