Apply Online Today!

Zip Code:
Loan Purpose:



Mortgage News for Thursday - May 1, 2003

More Mortgage News
• No Place Like Home
• Editor's Notes: Sign of the Times
• Concrete Results
• Seiders Economy: Who Labors? Who Buys?
Mortgage News
No Place Like Home - 2003-05-01
Home-networking company Home Director may be turning a corner. The Livermore, Calif.-based firm went public in December 2002, won contracts with two prominent California home builders in January.

Peter Mintz, a Barrow Street analyst, says if the positive trend, helped by low mortgage rates, continues, Home Director could become profitable in 2004 with $25 million in revenue.
Read the full story at Builder Online
 
Editor's Notes: Sign of the Times - 2003-05-01
Chances are when you purchase your groceries, even if you buy them from Genuardi's in Philadelphia or Bruno's in Alabama, you buy them from one of 10 chains that control more than half the grocery market.

The home building industry, like the mortgage industry, is nowhere near as consolidated as the grocery, radio, and automotive industries. Still, one third of the people who buy a new home this year will buy it from a company that appears on our list of the top 100 home building companies.
Read the full story at Builder Online
 






down payment
types of mortgages
closing costs
finding lenders
the do's and don'ts of mortgages
mortgage glossary



 
Copyright © 1999-2003. Mortgages Magazine Inc., LLC All Rights Reserved.
DISCLAIMER