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Home Loans News at Mortgages Magazine

Mortgage News for Saturday - August 28, 2004
Mortgage News 2004 Archive > Mortgage News for August 28, 2004 Archive

More Mortgage News
• Sales ease, prices up
• Take offense to avert foreclosure
• Affordable housing planned for 20,000
• More folks leave region; cheaper housing cited
Mortgage News
Affordable housing planned for 20,000 - 2004-08-28
The nation's biggest source of home mortgage financing announced a $2 billion investment plan to provide affordable housing to more than 20,000 people in Wyoming.

The goal is to invest the money over seven years, Randy Dancliff, director of the Wyoming partnership office of Fannie Mae, said Friday.
Read the full story at Billings Gazette
 
More folks leave region; cheaper housing cited - 2004-08-28
Dave and Kim Brewlager have resided in North County all of their lives. But over the Labor Day weekend, when most of their neighbors are going to the beaches or stoking barbecues, the 20-something couple plan to be touring apartments and picking through job listings in Portland, Ore.

For younger families, low mortgage rates have offset much of the run-up in prices, but scraping up a down payment has pushed ambitions of home ownership impossibly out of reach for many.
Read the full story at The Californian
 

Home Loans News at Mortgages Magazine

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