Seattle-Area Housing Market Continues Trend of Higher Prices, Strong Growth - 2004-02-06
Neither snow nor ice nor post-holiday bills prevented people from purchasing homes last month. January home sales followed much the same pattern as they have for more than a year.

In January, 30-year fixed-rate mortgages fell from 5.85 percent to 5.68 percent, according to the Federal Home Loan Mortgage Corp.

If interest rates remain low and the economy continues to improve, more buyers are likely to buy this year.
Read the full story at Miami Herald

Consumers hit by bank"s interest rate decision - 2004-02-06
Borrowers are evaluating the cost of yesterday's decision by the Bank of England to hike interest rates to four per cent.

Rates rose from a 48 year low in November by a quarter of a per cent, the first rise in four years, and by another quarter point yesterday.

The latest rise, if passed on by banks, would add £180 annually to a £100,000 mortgage.
Read the full story at DeHavilland