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Mortgage News for Friday - April 2, 2004

More Mortgage News
• Homebuilder Stocks Lower on Rate Worries
• Dip in mortgage loan production hampers Columbia Bancorp
• Now the Hard Part: Comparing Mortgage Prices
• Senate panel approved mortgage reg reforms
• Rise in Mortgage Rates Won't Slow Home Buying
• Mortgage refinancings freed up billions: CIBC
• Centex Homes offers 2-year 'fit and finish' warranty
• Average house price soars
• Low mortgage interest rates drive home-buying frenzy
• Northern Rock Q1 sees profits expand 13%
• Mortgage hikes ahoy
• Mortgage Giants Fannie Mae, Freddie Mac Bill May Die in 2004
• Mortgage company expanding
• Will 2004 be year of the deal?
• Mortgage, home companies hurt by US payroll shock
• Ask the expert: Mortgage after cancer
• Woman, son sentenced in mortgage-fraud scheme
• Mortgage firm cuts employees
• Portland, Ore., Real Estate Agents Push to Sell Homes before Election
• Mortgage broker expected to cooperate with probe
Mortgage News
Centex Homes offers 2-year 'fit and finish' warranty - 2004-04-02
Centex Homes has unveiled a new two-year "fit and finish" warranty for home buyers on all of the new homes it now sells.

Centex Homes is a subsidiary of Centex Corp., a Fortune 250 company which ranks as one of the nation's largest non-bank-affiliated retail mortgage loan originators and general building contractors.
Read the full story at Orlando Business Journal
 
Average house price soars - 2004-04-02
The average price of a home in Britain has broked through the £150,000 barrier for the first time, in the latest sign that the property market is in the verge of a spring boom.

Mortgage rival Nationwide this week upped its house-price inflation forecast for this year to 15 per cent. Today Halifax said it was sticking to its eight per cent prediction. While the number of properties sold has risen, the stock on estate agents' books has fallen, putting upward pressure on prices.
Read the full story at This is London
 






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