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Mortgage News for Wednesday - January 14, 2004

More Mortgage News
• Average mortgage rates for 1-family homes
• U.S. weekly mortgage requests up last week
• Treasuries Up: We Have No Inflation
• Brokers open discussion on merger
• California Sues Florida Mortgage Company for Supposedly Do-Not-Call Violations
• 4th-quarter earnings lower at Bank of Granite
• Housing economists expect drop in 2004
• Metropolitan Mortgage Investors Fear Huge Losses
• Time to put financial strategies in place
• Changing situations? Change your mortgage
• Drawing equity to invest
• Renters in Otay Mesa against condo conversion
• Rise in home-repair loans credited to ads
• Thriving Real Estate and Mortgage Markets to Feed Mexico's Structured Finance Growth in 2004
• Manhattan Apartment prices up on supply squeeze
• Fannie Mae rated "market outperform"
• Time to pare back your spending
• County home sales growing
• Economists: Home-price growth to taper off
• BB&T Places First Among Banks in National Survey of Home Mortgage Customer Satisfaction
• UK housing market maintains upward trend
• Interest rate cuts could be on horizon
• Habitat homes can pay off
• Texas Veterans Land Board Picks MortgageFlex's LoanQuest Servicing
• Bank veteran to manage outlying Vectra branches
• Denver real estate still slow
Mortgage News
Economists: Home-price growth to taper off - 2004-01-14
U.S. home-price growth this year will taper off to about half of what it was in 2003 as mortgage rates climb from a 45-year low, according to housing economists.

Prices probably will grow 4 to 5 percent, according to five chief economists who made presentations on a conference call sponsored by the Washington-based Homeownership Alliance. David Lereah, chief economist of the National Association of Realtors, estimated that prices rose 8 percent last year.
Read the full story at Arizona Republic
 
BB&T Places First Among Banks in National Survey of Home Mortgage Customer Satisfaction - 2004-01-14
BB&T Corporation is rated second in the nation in home mortgage customer satisfaction, according to J.D. Power. BB&T's ranking puts it first among banks for the second year in a row.

The J.D. Power and Associates 2004 Home Mortgage Study is based on responses from more than 11,900 home mortgage customers and involves the largest national home mortgage providers, according to the marketing information firm's Web site.
Read the full story at PR Newswire via Yahoo!
 






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