HUD reform proposal stalls as bureaucrats regroup - 2004-03-28
Bureaucrats at the federal Department of Housing and Urban Development devoted the ensuing days wiping egg off their faces.

"I think they have the best of intentions but I don't think they steered their proposal very effectively. They were never able to reach a consensus among the many industry factions nor Capitol Hill nor consumer groups," said Melissa Richards, general council for the California Mortgage Bankers Association.
Read the full story at L.A. Daily News

Mortgage rates still low - 2004-03-28
Although up a bit from the week before, home mortgage rates are still close to near historic lows.

The latest survey by Bankrate-Dot-Com shows the average for a 30-year, fixed rate loan is now five-point-four-six percent. The historic low in their survey of banks came last year at five-point-two-eight percent.

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Read the full story at WKYT