End mortgage uncertainties - 2004-01-16
Who hasn’t had anxiety about refinancing a home loan? What’s less painful, higher points or a higher interest rate? Are all these documents really necessary? Where did all these added fees come from, and what are they really for?

But it was clear from the outset that the most sweeping reform since 1974 of regulations governing the cozy mortgage settlement business would take the wisdom of Solomon, the patience of Job and the unfailing support of Martinez and the White House to institute.
Read the full story at The Chronicle

Hawaii mortgages rates drops below 5.4% - 2004-01-16
The largest Hawaii lenders posted either 5.25 percent or 5.375 percent this week, just one week after a going rate of 5.5 percent for a 30-year fixed-rate mortgage.

The Honolulu Board of Realtors reported that First Hawaiian and City Bank offered the lower of the two rates while the higher was offered by Bank of Hawaii, American Savings Bank and Central Pacific Bank.
Read the full story at Pacific Business News