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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
Time to pare back your spending - 2004-01-14
Yesterday, we discussed ways of paring your debts before turning 2004 into a prosperous year.
You've transferred your mortgage to a cheaper lender. You've moved your credit-card debt to a card offering zero per cent for the next six moths.

You've re-scheduled other loans to make them more affordable. You've even persuaded rich uncle Fred to turn his £5,000 loan to you into a gift which will reduce the inheritance tax due when he dies.
Read the full story at Westmidlands.com
 
County home sales growing - 2004-01-14
Jack and Edie Hazelwood, in their mid-50s, just moved from a four-acre farm with four barns to an Anderson condominium.

"We're tired of doing all that work," Edie Hazelwood said. "It was just a sudden thing. We decided to put it up for sale and in nine days it sold."

The market cooperated with the equity they'd built in the farm for the quick lifestyle swap, and the couple is mortgage-free.
Read the full story at Herald Bulletin
 






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