Apply Online Today!

Zip Code:
Loan Purpose:



Mortgage News for Wednesday - February 11, 2004

More Mortgage News
• Index says mortgage demand lower
• The options: invest cash or pay off mortgage
• OFHEO engages firm to review Fannie Mae's accounting
• Greenspan: Give GSE watchdog power over capital
• First American quarterly profit up
• US mortgage bonds in holding pattern before Greenspan testimony
• Buy-to-let market continues to expand
• Self-cert mortgages could skew market
• Commonwealth Bank doubles first-half profit
• Give your mortgage a spring cleaning
• Bankruptcy of Spokane Mortgage Financial Firm to Affect Area Investors
• GM appoints new president for its profitable finance arm
• Big Four banks are shark bait
• City Pacific predict record profit
• Portsmouth, Va.-Based TowneBank's Merger with Harbor Bank Gets Okay
• Home Sales Still Healthy Without Setting Record
• Housing agency union asks GMA to drop EO
• Index-linked mortgage rate continues to drop
• SEC could investigate Metropolitan
• U.S. mortgage rates same Wednesday
• After a record-breaking 2003, home builders expect a prosperous 2004
• Mortgage Player MuniMae ready for '04 growth spurt
• Fannie Mae promotes prefab home ownership
• Carrie A. Judge Appointed Vice President, Mortgage Loan Officer At Republic Bank in Traverse City, Michigan
Mortgage News
After a record-breaking 2003, home builders expect a prosperous 2004 - 2004-02-11
As we look torwards 2004, builders and homeowners across the country can look upon 2003, as a banner year for the home building and remodeling industry.

Sales of new single-family homes is expected to top more than one million units in 2003, a gain of 11 percent from the 2002 record of 977,000 sales, largely thanks to favorable mortgage rates and solid gains in house values.
Read the full story at The Fayette Citizen
 
Mortgage Player MuniMae ready for '04 growth spurt - 2004-02-11
Municipal Mortgage & Equity LLC, known as MuniMae, indicated Wednesday that it expects significant growth in 2004.

The Baltimore-based company -- which invests in debt in multi-family housing projects by issuing tax-exempt bonds -- said it expects cash available for distribution per share for fiscal 2004 to grow to $2.20 to $2.24, in line with analyst estimates.
Read the full story at Baltimore Business Journal
 






down payment
types of mortgages
closing costs
finding lenders
the do's and don'ts of mortgages
mortgage glossary



 
Copyright © 1999-2003. Mortgages Magazine Inc., LLC All Rights Reserved.
DISCLAIMER