Apply Online Today!

Zip Code:
Loan Purpose:



Mortgage News for Wednesday - February 25, 2004

More Mortgage News
• Freddie Mac gets more time on accounting problems
• Factory Orders Lower As Home Sales Soar
• Mortgage Refinancings Up Despite Higher Rates
• First-time home buyers pushed out by property investors
• Mortgage giants pose risk to U.S. taxpayers, Greenspan says
• Jan. existing home sales drop more than expected
• Fed's Bies-market must prepare for U.S. rate rise
• Have Credit Unions Lost Their Way?
• Demand for rental property up
• Fed's Gramlich warns on higher U.S. debts
• Median home price lower in Feb.
• HBOS sees jump in annual profits
• Bank rapped over mortgage letter
• Judge Throw Out Challenge to BOA Merger
• H&R Block Reports Lower 3Q Profits
• HUD 'Fix' Most Likely to Hurt Home Buyers
• Greenspan: Households' finances in `good shape'
• Eager Expats Undertake Mortgage Challenge
• Mortgage lending a boost for BankWest
• Lowering mortgage expense
• Greenspan Mortgage Warning Hits Home
• Sir Peter is named ITV chief
• Wimpey profits through the roof in record year
• Adjustable-rate mortgages attract home buyers
• Mortgage issuers could pose economic threat
• Champion Mortgage(R) Appoints Terri Finnerty Vice President, Chief Marketing Officer
• As interest rates rise, economists expect growth to follow
• Is it too late to refinance mortgage?
Mortgage News
Median home price lower in Feb. - 2004-02-25
Rock-bottom mortgage rates are still attracting Denver-area home buyers to the closing table, but the number of homes on the market is keeping prices unchanged.

The median price of an existing single-family home was $225,000 in February. That was down from $225,500 in January and up 2.3 percent from $220,000 a year ago, according to reports issued Tuesday by Coldwell Banker Residential Brokerage.
Read the full story at Denver Post
 
HBOS sees jump in annual profits - 2004-02-25
Britain's largest mortgage lender, HBOS, has posted a 29% jump in full-year profits.
The bank, created from the merger of Halifax and Bank of Scotland, saw its pre-tax profits rise to £3.8bn ($7.1bn), up from £2.9bn a year ago.

HBOS said low interest rates and the current shortage of housing stock would continue to underpin the property market in 2004.
Read the full story at BBC
 






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