Should you rent or buy given low mortgage rates? - 2004-01-17
The headlines keep on coming: Housing sales attained record levels last year. New home construction saw a 15-year high. Mortgage rates are at 50-year lows. The residential housing market is on fire clear across the country.

The flip side of the coin shows apartment rental rates sagging as newly built condominiums are promptly leased out. The ensuing supply glut is leading landlords to lower rents and shower potential tenants with perks.
Read the full story at Financial Post

Indiana Tops Nation In Mortgage Foreclosures - 2004-01-17
Indiana tops the nation in mortgage foreclosure and loan delinquency rates. The most recent data available, compiled by the Indiana Mortgage Banker’s Association in 2002, reveals Indiana’s foreclosure rate is more than double the nation’s.

Nationwide, more than $8.9 trillion in mortgage loans are delinquent with a national foreclosure rate of 1.15 percent. In Indiana, foreclosures are twice the national average, with 2.38 percent of all mortgages foreclosed.
Read the full story at Warsaw Times-Union