Insurer denies mis-selling endowment mortgage charges - 2004-01-31
It still continued selling the products until the end of 2000. The allegations were made by an ex-director of Legal & General, Jon Maguire.

In a newspaper article he claimed internal e-mails showed he raised this matter with Legal & General's appointed actuary in July 1998.

Mr Maguire pointed out that endowments had to grow by 7.5% a year to be able to repay the mortgage they supported.
Read the full story at BBC

Market Mood Reacts To Fed Statement - 2004-01-31
To the untrained eye, it seems like good news: The Federal Reserve provided an upbeat assessment of the job market and left a key short-term interest rate at a historic low, saying it could afford to "be patient" with its policy.

The idea that rates could rise as early as this spring or summer sent stock prices lower and bond yields higher, to the dismay of anyone shopping for a mortgage.
Read the full story at San Jose Mercury News