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Mortgage News for Monday - March 28, 2005

More Mortgage News
• Should You Wait Out Mortgage Rates And Refinance Mortgage Later?
• Court rules on FTC charges in mortgage refinance scam
• Home equity loan can help at tax time
• Home Loans: Give and take
• Bay Area Home Prices May Level Off
• Countrywide Financial names new CFO
• Stocks Up on Hopes for Stronger U.S. Economy
• Inflation elevates interest-rate concerns
• Buying a Montana ranch? It's more than just real estate
• Real estate investing credited for economic upswing
Mortgage News
Bay Area Home Prices May Level Off - 2005-03-28
Real estate experts say Bay Area home prices could soon be cooling off. Higher mortgage rates are the culprit.

The average rate on a 30-year mortgage rose above six percent last week for the first time since last summer. Will it affect us locally?

Home prices in Menlo Park are up 60-percent from a year ago. And while rising mortgage rates usually translate to lower prices, that's not necessarily the case in the Bay Area.
Read the full story at KGO
 
Countrywide Financial names new CFO - 2005-03-28
Eric P. Sieracki is promoted to executive managing director and chief financial officer of Countrywide Financial Corp. effective April 1, the company revealed today.

Countrywide Financial Corp. provides mortgage banking and various financial services in domestic and international markets. Mortgage banking businesses include loan production and servicing.
Read the full story at Inman.com
 






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