Low Rates Indicate Another Round of Mortgage Refinancing - 2004-03-20
Homeowners have a second opportunity at rock-bottom mortgage rates.

With rates not far above the 45-year lows that were reached briefly last summer, now may be an opportune time to refinance. The average rate on a conventional 30-year, fixed-rate mortgage - still the most popular home loan - was 5.38 percent last week, down from 5.41 percent the previous week, according to Freddie Mac, one of the nation's largest sources of mortgage financing.
Read the full story at New York Times

PlainsCapital expanding its bank operations to San Antonio - 2004-03-20
Officials with Dallas-based PlainsCapital Bank have revealed that the bank will be expanding into the Alamo City in late spring.

"We have a large presence in Austin and have a lot of customers in Austin with businesses in San Antonio ... and we already have a subsidiary -- MacAfee Mortgage -- here (in San Antonio)," Huffines says. "While this is a wholly owned subsidiary, we feel the time is right to bring in a bank to complement our mortgage business."
Read the full story at San Antonio Business Journal