Apply Online Today!

Zip Code:
Loan Purpose:



Mortgage News for Thursday - January 15, 2004

More Mortgage News
• U.S. Mortgage Rates Decreased to 5.66 Percent
• Mortgage Player National City to restate past results
• Washington Mutual to shut East Bay loan-processing center
• Property Valuations Sees Big Increase
• Mortgage Player Countrywide becomes primary dealer with Fed
• Former Owner of Norfolk, Va., Hotel Recieves Jail Sentence for Mortgage Scam
• Council Agrees On Consensus for Affordable Housing Resolution
• Improve credit score before applying for a mortgage
• TCF Financial: interest rates negatively affect lending revenue
• Ohio Agency Investigates Actions of Defunct Westerville Mortgage Firm
• Prices of Manhattan Apartments Expected to Climb Upward This Year
• Why Housing Should Stay Robust
• Can we afford buy-to-rent?
• County housing sizzled in '03
• Lowest inflation in four years
• What's our best mortgage alternative?
• Should you go for a piggyback mortgage?
• Reasons for mortgage refinancing
• Tips to get out of debt
• More advice on avoiding mortgage-insurance fees
• San Diego Median $405,000 Highest Ever
• HomeBanc does $5.9 billion in mortgage loans in 2003
• US consumer debt hits record levels
• New home construction explodes
• Florida Civil Suit Can Go Ahead in Mortgage Fraud Case Despite Criminal Probe ( )
• Mortgage insurance player will take a $96M charge
• Anworth Mortgage Asset Corporation Posts Earnings of $0.36 Per Share for the Fourth Quarter of 2003
• Availent to Buy First Texas Residential Mortgage
Mortgage News
Prices of Manhattan Apartments Expected to Climb Upward This Year - 2004-01-15
Prices of Manhattan apartments climbed up modestly in the fourth quarter, according to a survey shown yesterday, but experts said prices are likely to rally this year, fueled by Wall Street bonuses and a limited supply of apartments.

Meanwhile, Wall Street bonuses are fattening, mortgage rates remain low, and there is a strong likelihood that there will be some new hires in the financial sector.
Read the full story at Miami Herald
 
Why Housing Should Stay Robust - 2004-01-15
The housing sector has enjoyed a great run over the past decade or so, and so have shares of the companies that construct homes. But are the good times drawing to an end?

However, we at Standard & Poor's Equity Research don't think the warning is reflective of the industry as a whole. Given our view that mortgage rates should stay buyer-friendly through 2005, we remain largely bullish on these companies.
Read the full story at Business Week
 






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