Long-term mortgage fix fails to win support - 2004-02-29
The benefits of long-term fixed rate mortgages are primed to be further questioned in a report for the Treasury to be released next month.

Chancellor Gordon Brown asked Professor David Miles to address why UK homebuyers preferred mortgages which move in line with the bank base rate, unlike their counterparts in Europe.

Brown was concerned that Britain’s homebuyers were more vulnerable to fluctuating interest rates, creating market volatility.
Read the full story at Sunday Herald

Investing | Mortgage rates won't stay this low forever - 2004-02-29
The federal budget deficit is exploding and the economy is getting stronger -- so aren't interest rates on mortgages and other loans supposed to go higher?

Typically, yes. But they're not. In fact, the standard 30-year, fixed-rate mortgage earlier this month fell to its lowest level in seven months -- 5.58 percent, according to Freddie Mac.
Read the full story at Centre Daily Times