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Mortgage News for Friday - January 2, 2004

More Mortgage News
• 30-Year Mortgage Rates Drop to 5.81%
• Why Your House Will Go Up In Value
• Many Forms Of Racial Bias In Mortgage Lending
• Gradual Change in Housing Market Possible in '04
• Householders borrowing record amounts against their property
• U.S. HUD terminates loan incentives for Fannie, Freddie
• Record purchasing on credit cards
• Annaly Mortgage to acquire asset manager
• Where are house prices going in your town?
• California Realtors Forecast Healthy Market in 2004
• Quit smoking and pay down mortgage
• Year's Pumped Up Car Sales
• Prepare to save more in 2004
• Mortgage Rates settle down
• Mobile home buyers have more protections
• Financial Q&A: Figure out your life before deciding on a mortgage
• Analysts predict housing trends for '04
• US mortgage bond spreads narrow on seasonal demand
• Colombian mortgage loans higher 20.37 pct July-Sept
• Mortgage lending growth up in November
• FAMB Miami Chapter to hold Home Ownership Workshops in Miami
• Sizzling U.S. Economy Expected to Slow in Early 2004
• Finnish mortgages jumped by 15.2% in November 2003
• UK house growth expected in single digits
Mortgage News
FAMB Miami Chapter to hold Home Ownership Workshops in Miami - 2004-01-02
The "Red Hot" Miami Chapter of the Florida Association of Mortgage Brokers ("FAMB") recently had a meeting with Representative Yolly Roberson (D-104) to discuss a new FAMB program created to educate Florida consumers regarding Home Ownership.

Rep. Roberson will help the FAMB seek out organizations whose members would benefit from these consumer awareness seminars.
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Read the full story at Business Wire via Yahoo!
 
Sizzling U.S. Economy Expected to Slow in Early 2004 - 2004-01-02
Decreasing growth and increasing worries about terrorist activity in the United States should combine to create a mild, short-term market correction in the Dow in early 2004.

"We have been warning for some time now that home sales would begin slowing just as the broader economic recovery got under way due to peaking demographics in mortgage interest and trade-up home buying," Dent says. "Since a strong August peak, home sales have been slowing and we expect this to be a longer-term trend. "
Read the full story at Highmark Funds
 






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