Mortgage rates stay low, home buyers enjoy - 2004-01-30
Home buyers and homeowners are celebrating like it's 2003.

At this party, the spiked punch bowl takes the form of low mortgage rates. People are buying homes and refinancing mortgages with abandon because rates are so low. It's a continuation of a record year for home sales in 2003.

The benchmark 30-year fixed-rate mortgage eked out an increase of 5 basis points to 5.72 percent, according to the Bankrate.com national survey of large lenders.
Read the full story at Bankrate.com

Spokane home sales establish records again last year - 2004-01-30
Home sales activity recorded in 2003 through the Spokane Multiple Listing Service broke records for a second straight year, as activity and average home prices both jumped to new highs due largely to historically low mortgage rates.

The MLS reports 7,219 single-family homes sold for a total of $969 million in Spokane County last year, up from the record 6,240 homes that sold for $780 million the previous year.
Read the full story at Spokane Journal of Business