Individual lender rates - 2004-03-27
The mortgage interest rate list shows a sampling of rates as provided by lenders in the Houston market on Friday. Rates, which may change on Monday, are for 90 percent loans and do not include origination fees. The numbers in parentheses after the rates are discount points. A point is equal to 1 percent of the loan amount.

The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday.
Read the full story at Houston Chronicle

Morrtgage Giant Freddie Mac: Sounds of Silence - 2004-03-27
Angry shareholders have shown their muscles in recent months at Disney, Safeway and Hewlett-Packard. So why the dead silence leading up to the annual shareholders meeting of Freddie Mac, the mortgage giant, this Wednesday?

Accounting improprieties beginning in 2000 led Freddie Mac to restate by $5 billion its financial results for that year, 2001 and the first three quarters of 2002.
Read the full story at New York Times