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Mortgage News for Sunday - February 29, 2004

More Mortgage News
• Individual mortgage rates
• Mortgage Giants Freddie And Fannie: Healthy or Overweight?
• Call In the Feds. Uh, Maybe Not.
• Stiffer mortgage loan rules for homebuyers
• AccuPost Corp Reorganizes to Accommodate Growth
• Mortgage Lender First Franklin Beats New Year Production Record
• Guidance's Islamic mortgage financing program attracts over 1,000 Americans
• In Pa., getting out of an agreement of sale due to rate
• Long-term mortgage fix fails to win support
• Investing | Mortgage rates won't stay this low forever
• Kiwibank In Reach mortgage loans More People Eligible
• Reno mortgage foreclosures surge 27 percent in 2003
• Delaware houses sizzle
• Appraisals are behind in a hot market
• Internet fizzle generates bank branch sizzle
• HSBC smashes profit record
• Missing out on deductions keeps taxpayers sharp-eyed
• Interest rate hike not on the cards
Mortgage News
Missing out on deductions keeps taxpayers sharp-eyed - 2004-02-29
A lot of people worry more about overlooking tax deductions, apparently even more than facing an audit.

• Mortgage interest
If you own a home, you can write off the interest. Normally, keeping track of this isn't a big deal, but last year wasn't routine, given the fevered pitch of refinancing. What it all means is the possibility that you didn't receive one or more 1098 interest-expense forms from lenders, especially if your loan was sold.
Read the full story at Arizona Republic
 
Interest rate hike not on the cards - 2004-02-29
Hardly anyone expects the Bank of England to hike interest rates for the second month running this week, but with every indicator showing an economy steaming ahead, analysts say more hikes are just a matter of time.

This remains surprisingly strong. Retail sales beat expectations again in January, rising by 0.6 percent, and recording their best Christmas period since the boom days of 1987. Sales were helped in part by low mortgage rates.
Read the full story at Reuters
 






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