Mortgage Rates Hover Near Historic Lows - 2004-03-29
Although up slightly from last week, home mortgage rates are still close to near historic lows.

The latest survey by Bankrate.com shows the average for a 30-year, fixed-rate loan is now 5.46 percent. The historic low in their survey of banks came last year at 5.28 percent.

Bankrate.com's Greg McBride said anyone thinking about a first-time home purchase or a refinance should move now rather than risking rates going higher.
Read the full story at NBC 5

No ceiling on Manhattan condo, coop prices - 2004-03-29
Manhattan condo and coop prices continued their significant rise in 2003, according to a new market report.

Low mortgage rates, which were constantly below 6 percent, coupled with a 19 percent decline in the number of apartments available for sale has placed upward pressure on the Manhattan market, said Jonathan Miller, the author of the report.
Read the full story at New York Newsday