Tuesday, August 30, 2005

Greenspan warns about housing


Greenspan warns about housing
Alan Greenspan, chairman of the Federal Reserve, says you shouldn't get too cocky about your home's rising value. He spoke today at a Fed symposium in Jackson Hole, Wyo., and had some words about housing prices.

Mortgage Matters: Rates fall as Katrina hits
Hurricane Katrina is causing oil price jitters, which in turn is pushing mortgage rates down.

Mortgage Matters: Sales go up, rates go down
This seeming anomaly has something to do with the fact that the federal government reports a new home sale when someone pays a deposit or signs a sales contract.


Technorati Tags:





No comments: