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Mortgage News for Saturday - January 17, 2004

More Mortgage News
• REAL ESTATE MAILBAG: Mortgage Broker
• Assigning Value a Challenging Task for Appraisers
• Official highlights Bush's role in recovery
• Bank Merger: Credit Card and Mortgages at one place
• Taking Control Of an Escrow Account
• Mortgage comes second to Olympic ambition
• LV new-home sales break record in '03
• Nashville attracts new bank as BB&T plans local branch
• KC-area housing permits drop in December, up for 2003
• Gorman & Gorman sees loan volume jump in 2003
• Bank One customers should notice few changes
• Area real estate sales stronger than state average in 2003
• Optical Image Technology Partners with Doxentric to Offer EDM Mortgage Solutions
• Humboldt economy slows down
• UK mortgage market energized by huge increase in remortgaging
• Lower Interest Rate Drop in New Year Boosts Home Loan Applications
• Should you rent or buy given low mortgage rates?
• Indiana Tops Nation In Mortgage Foreclosures
• Habitat brings special home building project to St. Johns
• Resolutions on debt usually short-lived
Mortgage News
Habitat brings special home building project to St. Johns - 2004-01-17
Rose Robinson struggles to walk. She's 64, has arthritis and has had a knee replaced. Getting up the deteriorating steps of the small house she rents is a daily battle. But it's a challenge she soon won't have to deal with anymore.

Then Habitat volunteers, staff, subcontractors and future homeowners earning sweat equity build them a new house on their land. The person then owns the new home and pays for it through an interest-free mortgage with Habitat.
Read the full story at Florida Times-Union
 
Resolutions on debt usually short-lived - 2004-01-17
Scots are a nation of hypocrites when it comes to the topic of debt. Putting in order finances was once again the most popular New Year’s resolution this year with a third of Scots indicating that they would put any bonus or pay rise towards paying down debt.

Adding that if more Scots instead opted for offset accounts it could help homeowners cut years off their mortgage and save thousands of pounds in interest as a result.
Read the full story at The Scotsman
 






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