Investors and home loan borrowers tread cautiously - 2005-03-26
If you have an adjustable-rate mortgage, you probably shake at words like, well, "adjustable" and "rate" and "mortgage." You're probably not too happy with Federal Reserve Chairman Alan Greenspan these days either.
But if you're investing for income, remove his picture from the dartboard and send him cookies instead. Rising interest rates are sweet for long-suffering income investors. But it's still a good time to tread cautiously.
Read the full story at Detroit News