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Vacation Homes: Profit Castles? (The Motley Fool)

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03-06-2006, 06:13 AM

Ron Burgundy Ron Burgundy is offline

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Vacation Homes: Profit Castles? (The Motley Fool)

The Motley Fool - Remember a year or so ago, when Chicken Little ran around squawking that the real estate sky was falling? Well, even though then-Fed Chairman Alan Greenspan continued to raise short-term interest rates in 2005, mortgage interest rates have remained at a decent level. In fact, many mortgage companies continue to run ads luring holders of adjustable-rate mortgages over to fixed-rate loans at 5.5% or less.

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