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Mortgage News for Monday - March 29, 2004

More Mortgage News
• Mortgage borrowing soars to £9bn in February
• ResMAE Opens Two New Mortgage Processing Centers in Illinois and California to Support Continuing Growth
• Pulte Homes Top-Ranked Homebuilder in BusinessWeek's List of 50 Best Performers
• Mortgage research firm will move to Jacksonville
• Some Homebuyers Giving Up Due to High Prices and Robust Bidding
• Housing inventory almost empty
• Mortgage Rates Hover Near Historic Lows
• No ceiling on Manhattan condo, coop prices
• Assembly GOP unveils housing rehab plan
• Mortgage Player Wholesale Lending Online Reports Fourth Quarter Earnings
• Fannie, Freddie uneasy about Senate overhaul bill
• Mortgage-Education.com to provide online education services to BilingualUniversity.com
• Bush Campaign Says Tax Relief Is the Key
• This Old Money Gusher
• WPFG adds mortgage partner
• Mortgage growth fuels talk of rate rise
• THDA unveiling new low interest mortgage requirements
• Lenders Offering Alternative Mortgage Options
• Three Southern Californians arrested in alleged $30 million mortgage fraud
• WPFG adds mortgage partner
• Del Mar Database Adds Industry Veterans to Enhance Product Offering; Executive-Level Additions Add More Than 45 Years of Mortgage
• A Budding Recovery for Multifamily
• Used-Home Prices Higher
• Homeownership Rates Still on the Increase
• Housing Activity
• Bubble trouble?
Mortgage News
Bush Campaign Says Tax Relief Is the Key - 2004-03-29
"The tax relief we passed is working," Vice President Dick Cheney declared on Monday, drawing a distinction between the tax-cutting policies of the Bush administration - and Democrat John Kerry's record of opposing tax cuts.

"Manufacturing activity is increasing," he added. "Business investment is growing. Inflation remains low. Mortgage rates and interest rates are near historic lows.
Read the full story at Crosswalk.com
 
This Old Money Gusher - 2004-03-29
A few years ago, the surging stock market promised to put a Hummer in every garage and drop the retirement age to 37. Today, with real estate prices soaring, refinances booming and mortgage rates skimming bottom, Americans look at their homes rather than their tech stocks as gold-stuffed pinatas aching to be whacked.

"People are watching their home values," says Burton Jablin, president of home-and-garden network HGTV, "like they used to watch their 401(k)s."
Read the full story at Time Magazine
 






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