Sunday, October 02, 2005

Federal Reserve Chairman Warns Of Reliance on Housing Loans


Federal Reserve Chairman Warns Of Reliance on Housing Loans
Alan Greenspan says consumers have become enormously dependent on borrowing against their homes to fuel their spending, and that a rise in mortgage rates could trigger a spending pullback. Meanwhile, existing-home sales climbed 2% in August.

Community Associations Hamper Homeowners' Renovations
Getting board approval for work on your home can be tough going and may add to a project's costs. To avoid problems, it's best to know what rules or restrictions you might face before you begin.

New Double Ovens Designed For Compact Kitchens
To accommodate apartment kitchens appliance makers are rolling out small ranges that have two ovens. They're pricier than standard models, but your green-bean casserole won't smell like your meatloaf.

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