Apply Online Today!

Zip Code:
Loan Purpose:



Mortgage News for Thursday - April 1, 2004

More Mortgage News
• Mortgage rates continue slow rise
• Feds to Mortgage Giant Fannie: Shut Up
• Nevada regulators target mortgage, insurance offenders
• State provides $2M for home buyers
• Mortgage Giant Freddie Mac Directors Re-Elected
• Hud Reform Proposal Stalls As Bureaucrats Regroup
• Mortgage giant Fannie Mae regulator identifies accounting concern
• U.K.'s Brown Question Time: Jobs, BOE, Mortgage Regulations
• Done deal: BofA, Fleet merger
• Housing developers descend on Brockton
• Closing-cost reform movement lives on
• Serial mortgage refinancers: Beware tax pitfalls on points
• Get Extra-Low Mortgage Rates
• Closing costs: highs, lows and averages
• Rate rise fails to stop the house price boom
• Free seminar to offer advice to renters on ways to buy a home
• Get Extra-Low Mortgage Rates
• Mortgage equity withdrawal at new record
• Homebuyers Surf Web For More Information
• Make your own mortgage closing-cost rules
• Statement by Richard F. Syron, Chairman & C.E.O. of Mortgage giant Freddie Mac
• Paramount Bank Appoints Bob Waun Private Mortgage Lending Vice-President
• Mortgage Companies Offer 'Energy-Efficient' Home Loans
• Homebuyers Enjoy Dip in Mortgage Interest Rates
Mortgage News
Rate rise fails to stop the house price boom - 2004-04-01
The boom in house prices is likely to continue despite concerns of a crash comparable to that of the early 1990s.

Statistics from the Nationwide, the UK’s second biggest lender, showed that March house prices saw a 16.7 per cent rise year-on-year. The figures came as the Bank of England suggested that mortgage lending had grown by its fastest rate ever in the year to February 2004.
Read the full story at FT Adviser
 
Free seminar to offer advice to renters on ways to buy a home - 2004-04-01
California has one of the lowest home-ownership rates in the nation, and Silicon Valley home prices routinely create serious sticker shock.

Not so, say the organizers of a housing information fair Saturday in San Jose, where real estate and mortgage professionals will seek to teach renters how to use loans and programs tailored to first-time buyers to turn their monthly rent checks into mortgage payments.
Read the full story at San Jose Mercury News
 






down payment
types of mortgages
closing costs
finding lenders
the do's and don'ts of mortgages
mortgage glossary



 
Copyright © 1999-2003. Mortgages Magazine Inc., LLC All Rights Reserved.
DISCLAIMER