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Mortgage News for Sunday - March 27, 2005

More Mortgage News
• Maximize your mortgage loan and mortgage refinance options
• Mortgage debtors keep up in 'bubble' markets
• Homebuying opportunities increasing for Hispanics
• Mexican real estate becoming hot targets for Americans
• Mortgage loan and refinance mortgage process is both confusing and overwhelming
• U.S. Economy recovering, but workers must adapt to lower-wage jobs
• U.S. Dollar Rises on Speculation Fed May Raise Interest Rates Faster
• Copter boon puts squeeze on housing market
Mortgage News
Maximize your mortgage loan and mortgage refinance options - 2005-03-27
The U.S. housing market is healthy with continued increases in applications for new mortgages and refinancing, according to the Mortgage Bankers Association. As a result, there are now many innovative mortgages, products created to entice consumers to enter or increase their stakes in the real estate market.

Fixed mortgages provides the security of a steady monthly bill over the life of the loan. This security typically translates into a higher price tag than other loans.
Read the full story at Woonsocket Call
 
Mortgage debtors keep up in 'bubble' markets - 2005-03-27
Though some economists are worried about American homeowners' rising debt burdens — especially in high-cost, high-inflation markets — a new study suggests those concerns may be misplaced: Homeowners in so-called bubble markets such as California, Nevada, New England, Florida, the mid-Atlantic and the District of Columbia are more likely to pay their mortgages on time than homeowners in parts of the country with lower housing inflation rates.
Read the full story at Los Angeles Times
 






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