Mortgage rates take a tumble - 2004-01-20
Mortgage rates have dropped to their lowest levels since July, good news for people looking to purchase homes or refinance.

The average rate on a 30-year, fixed-rate mortgage last week dropped to 5.66 percent, a number not seen in six months, according to Freddie Mac, the nation's second largest purchaser of mortgages. The average 15-year rate fell to 4.97 percent.
Read the full story at Raleigh News

Pacifica Bank Unveils Expanded Mortgage Loan Services - 2004-01-20
Pacifica Bank today revealed plans to improve its consumer mortgage lending program. SVP Katty Chow was appointed to head up the company's residential mortgage lending efforts.

"Our clients have come to expect services tailored to their individual needs," said CEO & President John A. Kennedy, "and since many of our customers have immigrated to the United States from other countries, it often leaves them underserved by the many mortgage companies that have a 'cookie-cutter' approach to mortgages services.
Read the full story at Business Wire