Hurricane Mortgage Relief May Come at a Price

Hurricane Mortgage Relief May Come at a Price
Banks are suspending mortgage payment requirements to aid homeowners affected by Hurricane Katrina, but the payments are deferred, not forgiven, and borrowers could face higher payments later.

Katrina Causes Prices for Homes To Diverge Along the Gulf Coast
Hurricane Katrina is driving real-estate values both up and down, depending on where you are along the coastline.