Dealing with mounting debt - 2004-01-27
At this time of the year most of us find our finances stretched to the limit, but for some of us it can become a real concern.

As a community we have got just too used to big spending and easy credit, with borrowing at an unprecedented high.

At the end of 2003, borrowing had risen to £4,426 for every adult in the UK, not counting mortgages.
Read the full story at BBC

Many still finding reasons to refinance mortgage - 2004-01-27
Mortgage bankers are inclined to saying that the refinancing boom is over, even as huge numbers of homeowners continue to go into mortgage offices to refinance their loans.

2004 is expected to be the sixth-biggest year ever for refinancing home loans. Doug Duncan, chief economist for the Mortgage Bankers Association, estimates that homeowners will refinance $447 billion this year. That's a big dropoff from 2003, when homeowners refinanced $2.2 trillion.
Read the full story at CNBC