Don't be a victim of mortgage loan scam - 2004-02-21
Homeowners can lose not only their money but also their houses if they fall for a "home improvement" loan scam, consumer advocates declare.

The scam targets those who don't understand the home mortgage lending process or who think they can get something -- a new roof or kitchen -- for just about nothing, meaning less than what they are currently paying in mortgage payments.
Read the full story at The Cincinnati Post

One in Eight New U.K. Homebuyers Worry About Acquisition: Survey - 2004-02-21
One in eight home buyers in the U.K. during the past year are worried they made the wrong acquisition, according to a survey commissioned by Alliance & Leicester Plc, the U.K.'s eighth-biggest bank.

The average mortgage price for first-time buyers has reached 117,600 pounds ($221,511), 12 percent more than at the end of 2000, said the bank, in a statement on its Web site.
Read the full story at Bloomberg