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Mortgage News for Sunday - March 28, 2004

More Mortgage News
• Economists see 'booming economy'
• Mortgage giant fights legislation
• First home buyers feel pushed out of market
• Washington Mutual keeps expanding
• Numbers suggest Meck home sales taking a hit
• Buyers 'flip' over hot condo market
• Pent up demand pushes up housing prices
• Mortgage broker fight
• Bubble-bubble prediction wide of the mark
• Australian Building Approvals Probably Fell 3.8%
• Season for home repair scam
• Don't overdo finance cleanups
• Remodeling jobs wait as new-home construction siphons off builders
• Many jump into real estate jobs amid boom
• 10 ways to spend your tax refund
• R.I. attracting Bay State home buyers
• Reverse mortgage worth considering
• Fringe benefits
• Procrastination could pay off those for mortgage refinancing, investing in stock
• Met Mortgage investors face IRA headaches
• HUD reform proposal stalls as bureaucrats regroup
• Mortgage rates still low
Mortgage News
10 ways to spend your tax refund - 2004-03-28
With tax-filing in full season, millions of filers have already got their refund checks from the Internal Revenue Service. The average refund check coming to a tidy $2,128.

Add to your mortgage payment.
"For most people, this is better than putting it in a savings account," says Robert Van Order, chief economist in the financial research division of Freddie Mac.
Read the full story at Bankrate.com
 
R.I. attracting Bay State home buyers - 2004-03-28
Rhode Island: A nice place to visit, and you do want to reside there.

Massachusetts home buyers seeking a less expensive alternative to the still-hot real estate markets of Greater Boston and Cape Cod helped push Rhode Island's single-family home sales to record levels last year.

The lowest mortgage rates in more than a generation also prompted a sales surge.
Read the full story at Boston Globe
 






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