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Joe Stocks

04/23/03 9:45 PM

#100691 RE: Joe Stocks #100690

U.S. mortgage demand falls to lowest level of 2003
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=2614122

"Declines in rates have given a crucial kick to the housing market, and to the economy. Nearly a third of the U.S. economy's real growth between 2000 and late 2002 was tied to the impact of a strong housing and mortgage market, according to a study commissioned by the Homeownership Alliance, a housing trade group."

Something to watch.