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Mortgage News for Monday - January 26, 2004

More Mortgage News
• Freddie Mac retained portfolio smaller in December
• Existing home sales establish a record in 2003: 6.1 million
• Santa Fe, N.M., Home Prices May Remain Same in 2004
• Don't bite off too much house
• IFG arm sees 46% mortgage increase
• Savers sock more away - but many set no cash aside
• Canadians invade France and start acquiring real estate
• IF to add 200 more staff for mortgages
• Cincinnati Home Sales Break Record For 2003
• Pulaski blunts mortgage downturn with other business
• Illinois home sales 5% higher in 2003, setting new record
• First Banks' Q4, fiscal year profit up
• Remortgaging your home to save money
• Real Estate Expo Comes to Miami
• Kerry's six million dollar mortgage for campaign
• Area Residents Indicted for Fraud and Obstruction of Justice
• BM Solutions at mortgage trail again
• Florida's Existing Home Sales Up 14 Percent, Median Sales Price increases 12 Percent in December
• Blacks Returning to New South
• US mortgage-backed bond prices lower, spreads widen
• Economic worries run high in Arizona
• CMG Mortgage Services Broker Guy Schwartz Earns Prestigious National Mortgage Industry Certification
• Good Times Still a Go for Housing Market
• Buyers fall behind on mortgages, fail to keep homes
• United Bancorp, Inc. Reports Record Earnings Reflecting an Increase of 16% for 2003
• SecureMove releases lifetime mortgage service
Mortgage News
BM Solutions at mortgage trail again - 2004-01-26
BM Solutions - the Birmingham Midshires unit - has disclosed details of its new mortgage range.

The specialist lender's Buy-to-let range includes a 3 year tracker at 5.25% with no arrangement fee, refund of valuation and cashback. It has also recently enhanced its criteria on its 10 to let product - the maximum lending limit having been increased to £2.5 million at 75% LTV and £1 million at 85%.
Read the full story at moneyextra
 
Florida's Existing Home Sales Up 14 Percent, Median Sales Price increases 12 Percent in December - 2004-01-26
A vibrant home resales market, more jobs and a robust consumer spending report demonstrated increased momentum in Florida's economic recovery in December: A total of 14,934 existing single- family homes sold statewide last month compared to 13,071 last year for a 14 percent increase, according to the Florida Association of Realtors (FAR). The statewide median sales price rose 12 percent to reach $174,100; a year ago it was $155,900.
Read the full story at PR Newswire via Yahoo!
 






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