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Mortgage News for Sunday - February 27, 2005

More Mortgage News
• Mortgage brokers feeling the pinch
• Mortgage company owner to open bank
• Lender markups on mortgage fees can vary widely
• Mortgage applications decline as home buys hit 6-week low
• Second homes become reality
• Asian investors swelling in U.S.
• Rising Employment Boosts Growth Prospects: U.S. Economy Preview
• Guess what's top sector of area economy
Mortgage News
Lender markups on mortgage fees can vary widely - 2005-02-27
It's a loaded legal issue within the home real-estate field. But for consume

In the wake of a new move by a large mortgage lender, those questions will go on generating diametrically opposite answers for consumers around the country, depending on where they live.
Read the full story at Toledo Blade
 
Mortgage applications decline as home buys hit 6-week low - 2005-02-27
Mortgage applications dropped for a second week, led by a decline in home purchases, as the rate for 30-year fixed mortgages rose the most in nine months, an industry report showed.

"Home sales should continue to moderate in coming months," declared Sheryl King, a senior economist at Merrill Lynch & Co. in New York, in a note to clients before the report. "Housing will transition from a high-growth story in 2004 to a high-level story in 2005."
Read the full story at Baltimore Sun
 






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