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Mortgage News for Saturday - March 20, 2004

More Mortgage News
• Home boom boost prices
• South Florida second-home buyers fuel price hikes up the coast
• Low Rates Indicate Another Round of Mortgage Refinancing
• PlainsCapital expanding its bank operations to San Antonio
• Home improvement buffs take in latest trends
• Fence-sitters drive mortgage refinancing boom
• Refinance mortgage even with bad credit
• Green belt worried over plans for two million new houses
• The great house price bubble just keeps on expanding and expanding
• Masco puts house in order, analyst says
• Atypical mortgages: smaller payments, greater uncertainty
• Looking for tax deductions
• Mortgage 'Mr fix-it' wants cheap deals for all
• Purchasing a home for first time? Seminar in Clyde Tuesday
• Home Builders Seen Beating Predictions
• Companies Reshape Home-Selling Landscape
• Evictions reverse joy of Habitat
• BB&T slashes its 2004 profit forecast
• Post-purchase priorities
• County median home prices still climbing
• Triad legislators support law fighting predatory lending
• Builders weigh in on intelligent growth
Mortgage News
Home boom boost prices - 2004-03-20
Spring's arrival Saturday highlighted the beginning of a season of aggressive home-hunting for many families. And these days, no matter the season, it's still a seller's market.

These young couples are paying rents of more than $800 for a two-bedroom apartment and want to take advantage of low interest rates that would allow them to own a home and pay the same amount for a mortgage.
Read the full story at Norwich Bulletin
 
South Florida second-home buyers fuel price hikes up the coast - 2004-03-20
Oceanfront property is becoming very expensive and crowded in South Florida that residents wanting a "piece of the beach" are turning to second homes elsewhere along Florida's coast.

Demographers, economists and real estate experts attribute the boom to the growth of wealthy households with no children, low mortgage rates, roller-coaster stock market returns and tax-law changes that eliminated penalties for homeowners trading down to smaller primary residences and using their equity for a second home.
Read the full story at El Sentinel
 






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