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Mortgage News for Friday - April 1, 2005

More Mortgage News
• After The Housing And Mortgage Refinancing Boom
• Ameriquest Mortgage Faces Questions About Home Lending Practices
• Consider interest charges daily at close of escrow for mortgages and mortgage refinance loans
• U.S. Economy: Americans' incomes rise solidly
• Get your best mortgage home loan
• Borrowing against equity in home? Some interest not deductible
• Adjustable mortgages' favor swells
• Mortgage Giant Freddie's Profit Drops, but Share Of Market Rises
• Inflation fears fuel rise in mortgage rates
• Experts: Higher Mortgage Rates Will Cool Market
Mortgage News
Get your best mortgage home loan - 2005-04-01
Your home is your largest and most important investment. To maximize its value, you need to located the best mortgage.

However, mortgage lenders just declared in recent reports that not everyone gets the same interest rate. The difference can mean affording or not affording your dream home. How can you make sure you get the best interest rate?
Read the full story at CNN/Money
 
Borrowing against equity in home? Some interest not deductible - 2005-04-01
Low mortgage interest rates made 2004 another big year for refinancing mortgages, and home-equity borrowing in the United States saw a record-high level last year, a new study reports.

Americans took out $431.3 billion in home-equity loans and lines of credit, according to SMR Research, a market research firm in New Jersey. That's 35 percent higher from 2003.
Read the full story at Cincinnati Enquirer
 






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