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Mortgage News for Thursday - January 22, 2004

More Mortgage News
• Opportunity to refinance here again
• Golden West profit grows 17 pct on mortgages
• Housing starts jump
• Housing starts are still healthy
• With Retirement on Horizon, More Move to a Luxury View
• Homebuilding posted 25-year high in 2003
• Bush withdraws mortgage regulator nominee
• Boards require derivatives expertise
• Subsidy cuts to curb business for residential developers
• National Housing Assistance Program Likes Federal Mortgage Proposal
• Apartment vacancy rates higher
• Charter establish residential lending office in Hobbs
• Mortgage program gets shot in the arm
• Freddie Mac board blamed for errors
• Whitney parent posts fourth-quarter decline
• Picking a mortgage
• Price of buildings up
• Hibernia National Bank and Fannie Mae Unveil $7.5 Billion Affordable-Mortgage Lending Initiative
• AFFORDABLE HOMES CRISIS
• Mortgage Bankers Association Team With Blackboard To Offer New Training Package for Financial Services
• Planning vital for ending high debt
• MBA Disclose Long-Term Forecast for U.S. Economy and Housing Finance Market
• Mortgage rates hit 6-month low
• Low Mortgage Rates Indicate Increase In Home Buying
Mortgage News
Planning vital for ending high debt - 2004-01-22
Consumers are going on with their spending spree but thousands of big spenders have no strategies for easing their debt burden.

With rising interest rates making life more difficult for debt reduction, financial planners warn that shopping bills may be getting out of control.

Head of consumer information and advocacy at Wizard Home Loans, Lisa Montgomery, says mortgages can be the cheapest way to pay off a loan.
Read the full story at news.com.au
 
MBA Disclose Long-Term Forecast for U.S. Economy and Housing Finance Market - 2004-01-22
The Mortgage Bankers Association (MBA) today disclosed its long-term economic forecast for 2004, 2005 and 2006 during its annual State of the Real Estate Finance Industry press briefing.

MBA is projecting strong economic growth through 2006, with gross domestic product (GDP) growth rates exceeding 4 percent each year.
Read the full story at Mortgage Bankers Association
 






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