Why rising interest rates haven't sunk the U.S. real estate market - yet - 2005-08-15
Higher interest rates are supposed to be an economic sedative, but the hot U.S. real estate market has retained its vigour even as the prime lending rate has climbed to a nearly four-year high.

One of the main reasons for real estate's unusual behaviour is that home mortgages are less expensive than they were 14 years ago when the Federal Reserve Board began to push up the short-term cost to borrow money.
Read the full story at Canada.com

When Does a Interest Only Mortgage Make Sense - 2005-08-15
According to LoanPerformance, 31% of new mortgages taken out were interest only in 2004, up from 1.6% in 2001. So along with the hike in residential home prices, interest-only mortgages have become a very popular option. This can be a great tool under the right circumstances and a big mistake for the person who enters into this for the wrong reasons.
Read the full story at MaineToday.com