Group: Predatory lending law harmful - 2004-03-18
Borrowers are more vulnerable to predatory lending because state predatory lending laws are being overruled by federal regulators, a leading advocacy group declares.

New York State, for example, has a strong predatory lending law that safeguards consumers when mortgage closing costs (points and fees) exceed 5 percent of the loan amount, or when interest rates are more than 8 percent higher than the prevailing Treasury bill.
Read the full story at Newsday

Rate Trend Indes: Mortgages - 2004-03-18
This week (March 18 - March 24) the experts declare: Mortgage rates are equally likely to rise or to stay relatively unchanged. There is little chance that they will fall further.

Just 16 percent of our panelists predict that mortgage rates will drop over the next 20 to 45 days. The rest are equally divided among those who think rates will rise and those who believe rates will remain about the same -- plus or minus 2 basis points.
Read the full story at Bankrate.com