Mortgage approvals on the rise, but so are costs - 2005-05-04
New figures show that in March this the number of mortgage loans approved for home purchase have reached the highest level since August 2004, indication that the housing market is not only approaching stability but is set to rise again in the foreseeable future. Good news as this may be for homeowners, the increase in mortgage approvals comes at the same time as a number of lenders increasing their redemption fees.
Read the full story at Assetz News

U.S. mortgage rates unchanged Tuesday-BestInfo - 2005-05-04
The average rate on a 30-year U.S. mortgage with no upfront points was the same on Tuesday, leaving the rate at 5-7/8 percent, according to BestInfo Inc.

If the mortgage market on Wednesday continues in its present direction, rates may remain the same. The 30-year mortgage rate with one upfront point was unchanged at 5-5/8 percent.
Read the full story at Reuters