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Mortgage News for Tuesday - February 8, 2005

More Mortgage News
• Consolidate debts while rates work in your favor
• Free seminars aim to curb mortgage foreclosures
• Mortgage denial rates soar for blacks
• Gap Grows Between Housing Prices and Incomes
• Housing Market to Post Near-Record Levels in 2005
• Mortgage fraud suspects in court today
• Busy builder sees busier times ahead in housing market
• Home Loans Programs to help local families
• Area church look to help with debt relief
• Low Interest Rates In Australia Boost Demand For Retail Property
Mortgage News
Area church look to help with debt relief - 2005-02-08
With more than 1.5 million personal bankruptcies last year and the growth of lending companies offering debt consolidation loans, it seems that our affluent culture is not quite that affluent after all.

With more and more people dipping into the equity of their homes to pay off credit card debts, we need a better solution.
Read the full story at Altus Times
 
Low Interest Rates In Australia Boost Demand For Retail Property - 2005-02-08
Australia's demand for retail property as an investment has surpassed demand for office and industrial stock, thanks to strong consumer spending and record low interest rates.

According to a global real estate forecast report by International property group, Knight Frank, sound economic conditions had increased investor appetite for retail property.
Read the full story at Asia Pulse via Yahoo! Australia & NZ News
 






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