Saturday, November 05, 2005

'RealMoney' Radio Recap: Fed Up (Home Mortgage)


'RealMoney' Radio Recap: Fed Up
TheStreet.com - Oct 24, 2005 has again used the blunt instrument of raising interest rates to cool the housing market when he could have simply cracked down on interest-only mortgage loans

Greenspan concerned about interest-free loans and other riskier
USA Today - Oct 8, 2005 Greenspan mostly is worried about homeowners who took out an interest-only mortgage or option adjustable-rate mortgages to buy property they otherwise could

Risky 'Exotic' Loans Fostering a Refi Cycle
Hartford Courant, United States - Oct 10, 2005 consultant and his wife were able to purchase a $416,000 house in the San Fernando Valley two years ago using an "interest-only" mortgage that guarantees low

Armchair Millionaire Community Bulletin: Fabulous Fixes for Bad
Emediawire (press release), WA - Oct 26, 2005 t really afford. What goes wrong: The low monthly payments of an interest-only mortgage look just too good to pass up. But when