S. Fla. home sales, prices continue rise - 2004-03-25
Low mortgage interest rates and out-of-staters making their dreams of a short-shirtsleeve winter become reality spurred strong Florida home sales in February, the Florida Association of Realtors said.

Statewide, home sales increased 18 percent - to 16,127 homes from 13,642 homes - an increase no South Florida metropolitan area approached by even half.
Read the full story at South Florida Business Journal

Record low for adjustable mortgages - 2004-03-25
Mortgage rates stayed near recent lows this week, with the one-year adjustable rate mortgage dropping to a record and giving home owners the opportunity to refinance their homes at lower rates, mortgage finance firm Freddie Mac said Thursday.

For the week ended March 25, the one-year adjustable rate mortgage (ARM) averaged 3.36 percent, with 0.6 of a point payable up front, versus 3.39 percent the previous week.
Read the full story at CNN Money