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Mortgage News for Monday - March 1, 2004

More Mortgage News
• US 2003 home prices climb 7.97 pct vs yr ago
• Avoid remortgage pitfalls
• Mortgage borrowing slows but credit card spending higher
• Would You Like a Mortgage With Your Mocha?
• Don't take mortgage advice from Alan Greenspan
• Construction Outlays Slip in January
• Mizuho Financial Group to Lower Standard Mortgage Rates
• Mitsui Mutual Life, Sumitomo Mitsui Banking Team Up in Mortgages
• Property Appreciation Brings More than Wealth in Katy, Texas-Area Subdivision
• Experts' Opinions Split on Housing Bubble Bursting
• Home purchasing has more twists for doctors
• Westpac sounds reassuring note
• Mortgage boost supports house price boom
• Pay off HELOC with credit card?
• Mortgage Bank Abbey profit policyholders miss out yet again
• Keep ambitions in tune with your finances
• Low rates don't dent debt mountain
• HSBC announces record profits
• Co-op eliminates 'trust mortgages'
• MuniMae earnings higher for year, down for quarter
• HIGHER LENDING FUELLING UNSUSTAINABLE HOUSING BUBBLE
• Family ensnared by housing loan scheme
• FTC Report Against Mortgage Broker Compensation Disclosures
• Slicing utility costs takes load off mortgage
Mortgage News
Mortgage Bank Abbey profit policyholders miss out yet again - 2004-03-01
Abbey National has indicated its policyholders will miss out on their annual bonus for a second straight year.

The UK mortgage bank said no annual bonus would be declared for with-profits policies for Abbey National Life, Scottish Mutual and Scottish Provident (including Scottish Provident Ireland), except where guaranteed rates of bonus apply.
Read the full story at IOL
 
Keep ambitions in tune with your finances - 2004-03-01
How you finance your home improvements depends on the size of your ambitions.

Halifax HomeOwner Loans allow you to borrow from £3,000 to £25,000 and use the cash for anything you like. Rates for existing customers are from 6.3 per cent, or 7.3 per cent if your mortgage is elsewhere or your property's mortgage-free.
Read the full story at Manchester Online
 






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