California housing affordability drops - 2004-03-04
Seventy-seven percent of California families cannot afford to acquire the state's median-priced home, based on a new figures released Thursday by the California Association of Realtors.

The minimum household income needed to purchase a median-priced home at $405,720 in California in January was $94,020, based on a typical 30-year, fixed-rate mortgage at 5.7 percent and assuming a 20 percent down payment, according to CAR.
Read the full story at San Francisco Business Times

Nationwide Advantage Mortgage and America West Airlines Unveils One of the Most Generous Mortgage-Miles Programs in the Industry - 2004-03-04
Nationwide Advantage Mortgage Company, the mortgage affiliate of Nationwide, today unveiled an enhancement to its incentive marketing relationship with America West Airlines, Inc.

Effective today through May 31, 2004, FlightFund® members who borrow from Nationwide Advantage Mortgage Company will receive 1,000 standard FlightFund miles and 500 bonus miles per $10,000 in principal amount borrowed.
Read the full story at PR Newswire via Yahoo!