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Mortgage News for Monday - May 31, 2004

More Mortgage News
• Conventional mortgages aren't a must
• Building a home means paying more money
• U.S. mortgage refinancing growth weakens
• Total of home foreclosures increase in state
• Surge for mortgage loans demonstrates no sign of decelerating
• U.K. May Property Prices Increased for 10th Month, Hometrack Claims
• Mortgage borrowers confront possibilty of mortgage grief
• Realty company courts, assist Latino buyers
• Best Ever Irish mortgage lending in April
• Career preview projects firms hired 225,000 employees
• UK mortgages continue to surge
• Economic Signs, Commercial Developments for May 31-June 4
• Mortgage Insurers To Provide Jobless Coverage To Home Buyers For Free
• New mortgage professional jumps on board at Tristar
• CMFC Increases In Housing Market
• Property lending drives praise growth
• Canada's First Quarter Growth Decelerated to 2.4% Pace
• US Bank garners greatest reinvestment rating
• How To Clean Up Your Credit Report
• Reserve anticipated to postpone rates
Mortgage News
How To Clean Up Your Credit Report - 2004-05-31
Your credit score doesn't simply impact your chance of getting a loan and what rate you'll pay. It could also determine how much you pay for auto and property insurance and whether or not you acquire a new job (yes, some bosses want to know if you're paying your bills promptly!).

Pay all bills promptly, even if you are meeting the minimum payment. Any missed payments reduces your score, whether they're huge bills, like the mortgage, or "minor" ones like department-store bills.
Read the full story at KTVU.com, CA
 
Reserve anticipated to postpone rates - 2004-05-31
Credit card and home loan interest rates on debts which currently rest at $88,140 for every Australian household will be at the mercy of the Reserve Bank today.

Reserve Bank numbers indicate that mortgage debt has increased to a record $570 billion, or nearly $75,000 for each Australian household.
Read the full story at Advertiser, Australia
 






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