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Mortgage News for Friday - January 9, 2004

More Mortgage News
• Job Available for Mortgage Unit
• Hawaii lenders charge 5.5% for mortgage
• First Eastern Mortgage Corporation Recipient of Freddie Mac Award
• Mortgage rates edge up
• Service puts Magic into mortgage lending
• Amico's broker sent to prison
• Track this mortgage
• Mortgage program accessable to low income families
• 2003 housing starts reach 15-year high
• Time to shift mortgage?
• HOUSING AFFORDABILITY
• 5 stories from debt hell
• Federal Rules Tie Down North Carolina's Ability to Limit Mortgage Loan Fees
• North Carolina Officials Vow to Fight Federal Easing of Mortgage Fee Rules
• Maybe it's time to become a lender
• How to save thousands through remortgaging
• Average personal debt hits £4,426
• Building permits pulled in Lee pass $2B mark for year
• Analysts not worried of mortgage rates
• House prices going up
• Slow apartment market shows little signs of revival
• YOUNG PRICED OUT OF HOUSING MARKET
Mortgage News
Job Available for Mortgage Unit - 2004-01-09
The government will recruit the president of the Korea National Mortgage Corp., which will begin on March 2, through an open application process.

The Ministry of Finance and Economy (MOFE) on Friday said it will accept online applications from qualified people who are suitable for the position until Jan. 17 on its website.

According to sources, Kim Woo-suk, head of the Credit Counseling & Recovery Service, is among the favorites to become the first president of the national mortgage corporation.
Read the full story at Korea Times
 
Hawaii lenders charge 5.5% for mortgage - 2004-01-09
The going rate for a 30-year fixed rate home mortgage this week in Hawaii has been 5.5 percent, with an unusually huge number of local lenders quoting exactly that rate.

The Honolulu Board of Realtors reports that four of the five largest lenders are now at 5.5 percent including Bank of Hawaii, First Hawaiian Bank, American Savings Bank and City Bank. Central Pacific Bank is slightly higher, at 5.575 percent.
Read the full story at Pacific Business News
 






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