The Unlikely Case For Fixed-rate Mortgage Loans - 2005-03-04
A surprising shift in interest rates is altering the landscape for home buyers and borrowers.

As the Federal Reserve has increased short-term rates, it has become more expensive to take out adjustable-rate mortgages and home-equity lines of credit. Usually when short-term interest rates go up, long-term interest rates go up as well. But confounding many experts, rates on 10-year Treasurys — the benchmark for long-term, fixed-rate mortgages — have been edging downward or moving sideways.
Read the full story at TheDay

Roaring US economy generates 262,000 jobs - 2005-03-04
The US economy showed evidence of revving higher in February, creating 262,000 new jobs in February, the Labour Department said today, in a report suggesting a self-sustaining economic expansion.

The report on job growth, a key to maintaining economic growth, was much better than the 225,000 new jobs forecasted, on average, by private economists.
Read the full story at RTE News