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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
Bank One customers should notice few changes - 2004-01-17
Bank One's merger with J.P. Morgan Chase shouldn't translate to any major immediate changes to customers of Bank One's 280 Ohio branches.

J.P. Morgan is known for its strength in private banking for high-net-worth clients, so wealthier Bank One customers should benefit from some new services, Lyttle said. J.P. Morgan is also stronger in auto loans and mortgages, so that could bring new products to Bank One customers.
Read the full story at at Cleveland Live
 
Area real estate sales stronger than state average in 2003 - 2004-01-17
The Craig area did better in the real estate market than other areas in Colorado in 2003, and this January, usually a slow month in real estate, has been better than average, local real estate agents say.

It's a good time to buy because interest rates are so low, said Christine Adams, a real estate agent at Western United Reality. Mortgage rates were at 5.6 to 6 percent interest as of Thursday. Interest rates for 15-year mortgages ranged 4.6 to 5 percent.
Read the full story at Craig Daily Press
 






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