Household International to settle mortgage suit - 2003-11-26
Household International Inc., a huge lender to people with poor credit, has reached a proposed settlement in a class-action lawsuit brought over its mortgage lending practices.

The amount that Household will pay to borrowers has not yet been determined, pending federal court approval of the settlement. But a spokeswoman for the nationwide community activist group that filed the lawsuit estimated it to be more than $100 million.
Read the full story at China Daily

Massachusetts Home Sales Up for Fourth Consecutive Month - 2003-11-26
Low interest rates energized single-family home sales for the fourth consecutive month in October, according to the Massachusetts Association of Realtors, but prices and volume seem to be losing steam.

Casey said the interest rate spike in August that sent the average 30-year fixed-rate mortgage to nearly 6.5 percent from a low of 5.23 percent lured buyers who feared rates would climb even higher. Since then, the 30-year fixed-rate mortgage has stayed below 6 percent and has kept sales brisk.
Read the full story at Miami Herald