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Mortgage News for Wednesday - March 5, 2003

More Mortgage News
• January fails to chill hot home resales in region
• Bankers give $10,000 to local Habitat
Mortgage News
January fails to chill hot home resales in region - 2003-03-05
The Orlando Regional Realtor Association declared single-family, existing home sales hit the second highest record for any January — despite a slight drop from last January, helped by low mortgage rates.

Realtors with the association sold 1,294 homes, generating $214 million in sales. That compares with 1,312 homes sold last year with a sales volume of $198 million.
Read the full story at Orlando Business Journal
 
Bankers give $10,000 to local Habitat - 2003-03-05
In an attempt to promote home ownership, the Independent Community Bankers of America donated $10,000 to Habitat for Humanity of Orlando Inc.

"Whether assisting people save for down payments on a mortgage or guiding them through the home buying process, community bankers play an integral part in expanding homeownership for all Americans," said Stone, who also is chairman and CEO of Virginia Community Bank in Louisa, Va.
Read the full story at Orlando Business Journal
 






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