County's home prices continue to climb - 2004-03-26
Los Angeles County's home prices increased again in February, as prospective buyers continued to fight for homes faster than they could be sold.

The strong sales improvement was attributed to a continued several-month run of low interest rates. The data was based on a 30-year fixed mortgage interest rate of 5.64 percent in February offered by lender Freddie Mac, down from 5.84 percent a year earlier.
Read the full story at San Gabriel Valley Tribune

Q4 US growth slows to 4.1%; jobless claims up - 2004-03-26
The US economy cooled down in the final three months of 2003 while new claims for jobless benefits increased slightly last week, the government said in separate reports yesterday.

Separately, sales of existing US homes rose 2 per cent in February, as home buyers took advantage of low mortgage interest rates, the National Association of Realtors said yesterday.
Read the full story at Shipping Times