Inflation fears fuel rise in mortgage rates - 2005-04-01
Fuel prices, and our collective blood pressure, aren't the only things climbing. The cost of borrowing money is increasing.

Rather, it was Federal Reserve Chairman Alan Greenspan's careful words about inflation that caused the stir. Since the Fed's meeting March 22, interest on a 30-year fixed-rate mortgage has climbed above 6 percent, or roughly another $14 in monthly payments on a $100,000 loan.
Read the full story at The Grand Rapids Press

Experts: Higher Mortgage Rates Will Cool Market - 2005-04-01
Higher mortgage rates will cool but not crush a national housing market that is still relatively hot, one of the economy's consistently good performers.

That's the feeling among industry experts who have marveled over housing's activity — all the way through the 2001 recession as well as the economy's recovery. Powered by low mortgage rates, sales of both new and previously owned homes clocked record highs four years in a row — from 2001 to 2004.
Read the full story at TheDay