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Mortgage News for Tuesday - March 29, 2005

More Mortgage News
• Eron Mortgage president sentenced to 6 years in prison
• Mortgage foreclosures triple over last 5 years
• Mortgage Refinancing: Report highlights dangers of real estate appraisal fraud
• U.S. Dollar scores gain vs yen; euro rises
• Worrying about Real Estate
• Real estate targets golden years
• Say goodbye to record-low interest rates
• UK mortgage lending picking up
• Home Builders See Strong Quarterly Growth Thanks To Attractive Mortgage Rates
• Bounce back fast after bankruptcy, apply for a mortgage loan
Mortgage News
Worrying about Real Estate - 2005-03-29
For years now, each time I set out to do a story on housing market conditions, I had a feeling a bubble was building. But once I reported out the story, I came to the conclusion that even if the market was getting frothy, there was no end in site to the bull run in real estate.

Perhaps higher mortgage rates will create a rush to buy among house hunters who want to lock in their mortgage before rates climb higher. That could inflate the real estate bubble more -- especially if rates tick up only moderately in the months to come.
Read the full story at BusinessWeek
 
Real estate targets golden years - 2005-03-29
Dorothy Miller did not feel comfortable mowing a 2-acre lawn that traveled downhill, and Ted Dehoff did not have the stamina to keep up with landscaping duties that would challenge an 18-year-old.

So, the senior-citizen couple decided to follow an emerging trend in real estate and sell their 46-acre property in Bedford County in favor of a home on a half-acre near Littlestown in Adams County.
Read the full story at York Daily Record
 






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