Apply Online Today!

Zip Code:
Loan Purpose:



Mortgage News for Sunday - February 15, 2004

More Mortgage News
• Mortgage insurance write-off floated
• Concerns over equity release loans
• The Very, Very Personal Is the Political
• A Matter of Timing in Paying Bills Online
• The Week Ahead: Laughing all the way to our banks?
• Income Tax Itemizers Need to Look Out For Easy-to-Miss Deductions
• Former Oregon resident facing federal fraud indictment
• SSS puts in P30 billion of mortgage agency’s loans
• How are home prices in your neighborhood?
• Mark Paul: Big debt? Big deal! Let your kids pay it down
• Foreign investment buying mortgages
• Nursing home fees more than mortgage payments
• Elderly face 'new mis-selling scandal'
• Pay down credit card debts first
• Bendigo Bank of Australia First-Half Profit Rises 36% (Update3)
• Loan Portfolio Valuation Solution Released
• BUSINESS PULSE
• Banks profit with strong mortgage business
• Timing not good for bill allowing Private Mortgage Insurance deductibility
• Single-family home sales increase steadily
• Sifting Through Rules Pays Off For Homeowners
• Annual home show provides smorgasbord of services
• Habitat for Humanity to dedicate homes today
• Married Couples Should Rethink Plans To Itemize
• Get rate locked on mortgage
• Don't get burned, know cool-off rules on loans and mortgages
Mortgage News
Timing not good for bill allowing Private Mortgage Insurance deductibility - 2004-02-15
To deduct or not to deduct? Congress is about to deal with that question for an estimated 12 million-plus American homeowners who pay either FHA or private mortgage insurance premiums each month.

With a bipartisan list of 161 co-sponsors in the House, a companion bill in the Senate and strong support from a diverse political coalition of business, labor and public-interest organizations.
Read the full story at Herald Tribune
 
Single-family home sales increase steadily - 2004-02-15
That loud explosion you heard during 2003 likely came from local real estate offices. Also fueling last year's buying binge were low mortgage interest rates.

"They start as low as 1.25 percent . . . lowest I've ever seen," said Clay Heitler, owner of Affordable Home Mortgage Inc., which does business in Hernando and Pasco counties. "These low rates are keeping people buying houses and spending more money than they can usually afford."
Read the full story at St. Petersburg Times
 






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