Interest-only mortgage has fans - 2005-03-12
Imagine making mortgage payments for 3, 5 or even 15 years and never paying down your debt by even a nickel. Or maybe even adding to your debt.

Many homeowners might regard such a situation as a nightmare, yet a growing number in the Volusia-Flagler area are signing up for the deals, seeing them as attractive cash-management tools.
Read the full story at Daytona Beach News-Journal

China's economy expected to grow 8-9 percent in 2005 - 2005-03-12
China's economy is still on the fast track, and its growth is forecasted to reach between eight and nine percent in 2005, said a report published recently by the China Center for National Accounting and Economic Growth.

The report, the China Economic Growth Report for 2005, highlighted a number of factors to support the forecast including stronger market forces, the improvement of economic system and the benefitsbrought by China's entry into the World Trade Organization.
Read the full story at Xinhua, China