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Mortgage News for Tuesday - March 2, 2004

More Mortgage News
• U.S. 2003 home prices climb 8.4 percent-Freddie Mac
• Greenspan may be up in Adjustable Rate Mortgagess, but they aren't for everyone
• Shortcuts to Climbing the Mortgage Mountain
• Debt Ratings Service Bumps Up Salt Lake City-Based Mortgage Loan Firm
• BMO Bank of Montreal Cuts Mortgage Rates
• Howard County Looks at Higher Density Living as Open Land Becomes Less Available
• Kerry mortgage loan to campaign questioned
• Home resales, prices climbs to record levels
• Local builder partners with Charter One Mortgage
• CVAG’s mortgage assistance program endorsed by city
• Home ownership fairs ready for Saturday
• Mortgage Bank B&B chief moving on
• Winter hasn't hindered metro home building
• Low mortgage rates keep plywood prices high
• Habitat has tools, looking for families
• Area home prices lagging, report indicates
• US mortgage bond spreads narrower on stronger buying
• Home Price Drop Unlikely When Mortgage Rates Climb
• Mortgage Talk's mortgages of the week
• AMI explains FSA regulation to 'struggling' mortgage brokers
• BMO unveils mortgage for the self-employed
• Interest, real estate tax deductions assist owners
Mortgage News
Mortgage Talk's mortgages of the week - 2004-03-02
Independent mortgage broker Mortgage Talk showcases the week's best mortgage deals.

Short Term Fixed Rate

The Halifax is offering a fixed rate until the 30th June 2006 at 4.69% (APR 5.9%). There is an arrangement fee of £299, and a valuation fee of £250.

Long Term Fixed Rate

The Lambeth Building Society is offering a fixed rate deal to the First of April 2009 at 4.95% (APR 6.0%). The valuation fee is £200, with an arrangement fee of £390.
Read the full story at Mortgage Introducer
 
AMI explains FSA regulation to 'struggling' mortgage brokers - 2004-03-02
The Association of Mortgage Intermediaries is making available a factsheet to help mortgage intermediaries understand the changes facing them when the FSA regime comes into force later on this year.

Moves to help mortgage intermediaries are now being enacted as Mortgage Day - October 31st 2004 sees the non-regulated industry come under the regulatory umbrella - is now less than eight months away from implementation.
Read the full story at IFAonline.co.uk
 






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