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Mortgage News for Thursday - February 19, 2004

More Mortgage News
• Mortgage rates hit lowest levels in months
• The new math on tax deductions
• Decrease in number saving for a rainy day
• Home sales strongest since '89
• Faces In The News
• Thousands likely to be dealt worsening mortgage shortfall
• Who's afraid of a bad mortgage loan crisis?
• New year sees lower mortgage lending
• Mortgage Loan Index Higher for Week
• The Miami Herald Money Moments Column
• Schools Should Have Financial Education, Says U.K. Mortgage Lender
• LandAmerica 4th-quarter profit drops
• Housing prices higher: BMO
• Shoppers may force interest rate hike
• Mortgage lending cools off
• Rate of bankruptcies, foreclosures surges
• 'We can carry this deficit,' says Bush crew
• Leading Indicators Higher in January
• Mortgage Service Provider Basis100 has a new chief executive
• Stocks dragged down by housing report
• A checklist for prospective home buyers
• Read the fine print on 'for richer or poorer'
• Mortgage Giants Fannie, Freddie say met 2003 U.S. housing goals
• Home construction saw huge decline in January
• Affordable Residential Communities Inc. Finishes Initial Public Offering
• Business Bank of Nevada Goes Into Reno Market With the Opening of a Loan Production Office
• Pacific Life Insurance Co. Commercial Mortgage Servicer Rankings Reiterated
• RISING MORTGAGE DEBT MAY BE GOOD FOR BANKS, BUT WORRISOME FOR THE ECONOMY
Mortgage News
A checklist for prospective home buyers - 2004-02-19
Freddie Mac, the federally chartered corporation that assists prospective homeowners by funneling money to the mortgage market, provides a free home-inspection guide at www.freddiemac.com/sell/ consumerkit/english/index.html.

Some highlights from the guide:

• Interview owners, asking if they are aware of termite damage, structural problems, basement moisture, leaky roof or problems with plumbing, heating and air-conditioning systems.
Read the full story at www.delawareonline.com
 
Read the fine print on 'for richer or poorer' - 2004-02-19
The lights are dimmed, the music is soft, a bottle of wine rests on the table, a wonderful dinner warms you from the inside... . Time to pop the question.

And yet, we all know that financial issues are a prime cause of problems within couples. Wouldn't you want to know if your intended came with a pile of debt, a gambling habit, or a horrible credit rating that would prevent you from getting a mortgage?
Read the full story at Philadelphia Inquirer
 






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