House prices 'will increase by 8pc in 2004' - 2004-01-08
House prices will increase by eight per cent this year as the booming market tapers off, according to the Council of Mortgage Lenders.

The group said it expected the easing in price growth to continue into 2005, with the cost of a home rising by just six per cent next year.

But it added that interest rate rises and modest increases in unemployment were likely to lead to a rise in the number of people getting into mortgage arrears and the level of homes being repossessed.
Read the full story at Telegraph.co.uk

Look around for best mortgage deal - 2004-01-08
Interest rates are extremely low for savers. The major domestic banks now offer only 3 to 3.1 per cent on a five-year, annual-pay guaranteed investment certificate.

That's what Martin Pacheco did with his mortgage at 7.35 per cent. He had three years left on the term and was told he'd have to pay a $2,700 penalty to get out early.
Read the full story at Toronto Star