Increase in mortgage rates shouldn't jeopardize housing market - 2004-01-01
Rates on 30-year and 15-year mortgages edged up this week, ending a three-week stretch in which these rates had came down.

Even with the uptick, rates still are sufficiently low to keep the housing market healthy, economists said. Even though sales of previously owned homes slowed in November, private economists predict home sales will set a record high for all of 2003.
Read the full story at MySanAntonio

Demand boosts home prices - 2004-01-01
The demand for previously owned homes in Martin and St. Lucie counties boosted prices in the past 12 months by a huge $36,700 — the largest increase in Florida.

The median price for existing homes in the two counties in November was $170,000, a 28 percent spike from a year ago.

The average rate for a 30-year conventional mortgage is 5.93 percent, down from October's 5.95 percent.
Read the full story at Fort Pierce Tribune