A mortgage refinancing boom goes bust? - 2004-02-01
Even with interest rates hovering at a six-month low, mortgage lenders aren't experiencing the rush of business they had last year.

"It's hard to understand because the rate is so good," said Tammie Harding, executive vice president of Intrust Mortgage in Fort Worth. The average rate for a 30-year fixed-rate mortgage was 5.58 percent last week, according to the Mortgage Bankers Association.
Read the full story at Star Telegram

Five steps to mortgage bliss - 2004-02-01
Almost everyone who has a mortgage dreams of paying it down early. And in today's climate of low inflation, it makes more financial sense than ever.

The reason - inflation is not eroding the real value of the debt and pay rises are not being fuelled by rapidly rising prices. So a big debt remains a burden for much longer.

For example, a £100,000 mortgage will still be worth the equivalent of £77,500 in a decade if inflation stays at about 2.5% a year.
Read the full story at This Is Money