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Current Mortgage Rates and News at Mortgages Magazine

Mortgage News for Sunday - August 14, 2005
Mortgage News 2005 Archive > Mortgage News for August 14, 2005 Archive

More Mortgage News
• 1 kind of mortgage does not fit all
• Seniors should be careful of loan deals and refinance mortgage
• How China can burst U.S. real estate bubble
• Take your time and pick right type of mortgage
• Credit scorer has improved way to measure worthiness
• Real estate speculation raises worries for Greenspan
• REAL ESTATE: Watching the bubble
• USA hires real estate professor
Mortgage News
How China can burst U.S. real estate bubble - 2005-08-14
In the new global economy, almost everything's linked to everything else. Case in point: China will let its currency rise against the dollar and America's housing bubble will burst.

Let me explain. The housing bubble has been supported by low mortgage rates which have made it easy for lots of people to acquire a house. Other major investments require more capital up front. But with mortgage rates this low, housing has become the major investment for average Americans who haven't saved much of anything.
Read the full story at San Francisco Chronicle
 
Take your time and pick right type of mortgage - 2005-08-14
There's no one-size-fits-all mortgage out there. But don't be overly enticed or intimidated by the various loan options available for home buyers.

Have the patience to find the options thoroughly, or find someone like Ronnie Rose to do it for you. Rose is the president of Affordable Mortgage in Columbus and vice president of the Georgia Association of Mortgage Brokers.
Read the full story at Columbus Ledger-Enquirer
 

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