Apply Online Today!

Zip Code:
Loan Purpose:



Mortgage News for Monday - September 15, 2003

More Mortgage News
• House price index at odds with lenders
• House price reports don't add up
• Struggling family acquires home with help of nonprofit group
• Housing prices higher, but financing down: BMO
• Banks eager to promote home equity lines of credit
• Mortgage rates a quarter percent lower
• UK house prices increase 14% in year
• Wells Fargo Home Mortgage will create 21 jobs downtown
• Pressure off on bank staffs as mortgage refi business cools
• Students dropped rent for mortgage
• A chastened Silipigno vows collapse of mortgage company will not be his life story
• Businesses follow residential borrowers into mortgage refi arena
• BUYERS CASH IN ON REAL ESTATE BOOM
• Habitat home completed
• Bank of Granite set to grow with Cornelius branch
• GE Mortgage Insurance removes home price limits
• Quebec homeowners get easier access to home equity borrowing through CIBC
• New index reveals house prices up 14%
• Middle class barely gets by
• The myth of a self-supporting recovery
Mortgage News
House price index at odds with lenders - 2003-09-15
A new government house price index created further confusion over the condition of the market yesterday, by showing sharply lower house price inflation this year than the big mortgage lenders have reported.
Read the full story at Independent
 
House price reports don't add up - 2003-09-15
House prices grew 14.6% in the year to July bringing the average house price to £156,273, according to a new house price index disclosed by the government today.

In a further contradiction to Britain's biggest mortgage lenders, the government said that it was first-time buyers who had driven prices upwards in July, with the average price they paid rising from £114,699 in June to £120,830 in July.
Read the full story at Guardian Unlimited
 






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