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Mortgage News for Tuesday - January 27, 2004

More Mortgage News
• Dealing with mounting debt
• Many still finding reasons to refinance mortgage
• The termination of spam by 2006?
• '03 sales of existing homes establish record
• Insurance firms to be questioned by MPs
• Commuter initiative no boost to homeowners
• MARTA worthy for homebuyers
• Analysts Expect Slowdown in Twin Falls, Idaho-Area Homebuilding in 2004
• Mass. governor shows $100 million plan to help construct new homes
• How does your debt measure up?
• Court nixes NYC predatory mortgage lending law
• IT'S TIME AGAIN TO APPROACH YOUR BANK FOR A MORTGAGE RATE CUT
• Freddie Mac Economist Expects Slowdown in Housing Industry
• Western Kentucky Bank Signs Will Stay Despite Union Planters Merger
• Good Times Still Strong For Myrtle Beach, S.C., Housing Market
• Strong Numbers for Mortgage Banker Countrywide
• Commentary: The death of the consumer is hugely overstated
• Fat-cat insurers 'out of touch' over mortgage endowments
• Buyers 'to focus on Euro mortgages'
• Housing market stays red hot
• Favorable Refinancing Still Available
• Capital Title acquires Nationwide Appraisal Services for $25M
• NVR energized by housing and mortgage boom
• On Personal Finance | The trade-off for low returns - safety
Mortgage News
The termination of spam by 2006? - 2004-01-27
Internet users be careful -- within a couple of years you may have less opportunities to reduce your debt or help out that exiled African ruler.

Unwanted "spam" offers currently account for more than half of all e-mail traffic, but at least two high-tech executives say the torrent of pornography and unbelievably low mortgage rates could slow to a trickle by 2006.
Read the full story at CNN
 
'03 sales of existing homes establish record - 2004-01-27
Sales of previously owned homes established a record high in 2003 as decades-low mortgage rates proved too attractive for many buyers to pass up.

The National Association of Realtors reported Monday that existing-home sales totaled 6.1 million last year, shattering the previous record of 5.57 million set in 2002. Last year's sales represented a 9.6 percent increase from 2002's level.
Read the full story at Contra Costa Times
 






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