Borrowers snubbing credit cards, opting for mortgage equity withdrawal - 2004-02-26
Credit card borrowing has dropped dramatically in the aftermath of higher interest rates and the infamous 'rip-off' gaffe by Barclaycard boss Matt Barrett.

The figures suggest consumers are increasingly turning to cheaper forms of borrowing, such as mortgage equity withdrawal.
Read the full story at This Is Money

Toll Brothers register 10 percent profit increase - 2004-02-26
Toll Brothers Inc., a nationwide luxury home builder with Valley operations, declared on Thursday a 10 percent jump in net income for its fiscal first quarter 2004, as low mortgage rates attracted more Americans to luxury homes.

The Huntingdon Valley, Pa., based company, known for building luxury homes, also said that since most of this year's remaining deliveries are already in its backlog, it expects fiscal-year net income to increase at least 20 percent.
Read the full story at Business Journal of Phoenix