Apply Online Today!

Zip Code:
Loan Purpose:



Mortgage News for Thursday - February 26, 2004

More Mortgage News
• 30-year mortgage rates calm, others mixed
• House prices climb 3% in February
• Are banks ripping us off?
• Mortgage bank Abbey declares £686m pre-tax loss
• Mortgage Index Higher Again
• Mortgage giants Fannie's and Freddie's Big Fight
• Nevada Impose Fines on Two Mortgage Lenders
• A Mortgage Subprime Lender's Ascent
• NAB under scrutiny over audit
• Analysts Upbeat about Memphis, Tenn.'s Commercial Real-Estate Market
• Weekly survey: Mortgage rates unchanged
• Evaluating a LIBOR-based, interest-only mortgage
• Taxpayers' Mortgage Fannies on the line
• Mortgage round-trip: Timing a home sale, home purchase
• Acting PM supports development of mortgage lending
• Mortgage giants Fannie, Freddie assure senators collapse unlikely
• Borrowers snubbing credit cards, opting for mortgage equity withdrawal
• Toll Brothers register 10 percent profit increase
• Mortgage bank HBOS' success can be a yawn
• Columbia Bancorp enters Portland market
• Mortgage scheme preys on struggling homeowners
• HUD Nominee Jackson On Hot Seat In Senate On RESPA Rule
• American Mortgage Network opens Orlando office
• Action to lower mortgage interest payments
Mortgage News
American Mortgage Network opens Orlando office - 2004-02-26
American Mortgage Network revealed Thursday that it has grew operations in Florida, with a new regional center in Tampa and two new offices originating mortgage loans in Fort Lauderdale and Orlando.

At the Orlando office, David Hennon has been appointed vice president, northeast Florida area manager. A staff of 16 will work from the new center, located at 485 N. Keller Road in Maitland.
Read the full story at Orlando Business Journal
 
Action to lower mortgage interest payments - 2004-02-26
Many metro New Yorkers have been forced for years to disburse more in their mortgage interest payments than they should. This could change if one congressman from California gets his way.

Fannie Mae and Freddie Mac, government-sponsored agencies that buy loans from lenders, are able to indirectly provide home buyers with reduced interest rates of between 0.25 percent to 0.75 percent, experts said.
Read the full story at Newsday
 






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