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Mortgage News for Thursday - February 5, 2004


• Lenders begin passing on base rate hikes
  As the Bank of England declared it was to hike the... more

• Chicago FHLB 2003 income up 55 pct vs year ago
  The Chicago Federal Home Loan Bank said its 2003 e...more

• U.S. mortgage bond spreads, prices lower
  U.S. mortgage-backed bond prices were slightly low... more

• What does the rate rise mean for your mortgage?
  Today's interest rate rise indicates the beginning...more

• BoE hiked interest rates by 25 bps to 4.0 pct
  The Bank of England hiked interest rates by a quar... more

• Soaring house prices to bump up loan rates
  The Bank of England was last night set to raise in...more

• Wednesday evening East Bay Biz Buzz: 1-in-6 odds seen for house-price drop
  There is about a one-in-six chance that house pric... more

• Spokane conglomerate Metropolitan Mortgage files for bankruptcy
  Metropolitan Mortgage & Securities and Summit Secu...more

• Mortgage Activity Decrease
  An index measuring the number of applications for ... more

• Cautious banks hinder flat purchasers
  Conservative property valuations by banks are hind...more

• Building boom goes on in December
  The value of building permits handed out in Canada... more

• Washington Mutual to Close Columbus, Ohio, Service Center, 89 lose jobs
  Washington Mutual plans to shut its Columbus loan-...more

• Two Apartment Developments Set for Fayetteville, N.C., Area
  Developers are intends to develop apartments in Sp... more

• Douglas County, Kan., Home Sales Establish Record in 2003
  Helped by low mortgage interest rates, Douglas Cou...more

• Home buyers, start your search engines
  Prime home-buying season is near. If you intend to... more

• Mortgage closure costly to Cowlitz Bank
  Cowlitz Bank's recent decision to shut down part o...more

• Mortgage Giant Fannie Mae terminates some loan support
  Home-loan giant Fannie Mae no longer will purchase... more

• Portland No. 2 on 'risk index' for home prices
  The Portland-Vancouver metro area places second on...more

• RATE RISE AFFECTS MORTGAGES
  Homeowners are already feeling the affects of the ... more

• Fannie Mae provides investors mortgage details
  The No. 1 source of U.S. mortgage finance, Fannie ...more

• MBA Supports Introduction of FHA Zero-Down-Payment Legislation
  The Mortgage Bankers Association today supports R... more

• Wells Fargo Plans to Hire 400 Bankers, Financial and Home Mortgage Consultants
  Despite tepid economic growth in many parts of Cal...more

• How to look for a break with a broker
  The recent tussle between broker Mortgage Choice a... more

• MORTGAGE RATE RISE WILL COST FIRST TIME BUYERS £250 MORE A MONTH
  Commenting on the decision by the Bank of England ...more

• Canadian Demand for Homes Is Holding Up
  Canadian demand for homes continues to be near a r... more







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