Sharp decline in mortgage refis seen - 2005-02-06
The number of homeowners refinancing mortgages is likely to drop noticeably over the next three years, falling to a quarter of residential loan originations in 2007 as interest rates rise, the Mortgage Bankers Association said in its annual forecast.

Refinancing composed 44 percent of loan originations last year, as Americans took advantage of low interest rates, the association said.
Read the full story at Baltimore Sun

Escrows hit home - 2005-02-06
Gloria Childers is just simply giving up on escrow accounts for paying taxes and insurance during Lake County's property tax crisis.

Ronald Blevins, 53, isn't that lucky. He can't walk away from his escrow until he pays down more of the mortgage on his home in Hammond's Hessville neighborhood.
Read the full story at Munster Times